Introduction​

​A wave of SMS phishing attacks targeting Canadians with lures regarding unpaid road toll fees have been rolling out since the beginning of the year. 407 ETR has been warning customers to beware of fraudulent texts impersonating the company. The message is designed to deceive people into clicking on a malicious link, which would leave people vulnerable to personal data theft. ​

How to spot a real message

407 ETR will use specific communication methods to interact with customers that use the express toll route. If you are a customer that uses the 407, take note of these legitimate communication channels:​

  • 407 ETR sends payment reminder text messages from a six-digit short code. Messages don’t contain any personal or account information and include a link to their secure payment web page. Their texts will never include a direct link to pay.​
  • 407 ETR makes outbound automated payment reminder calls. These calls will not ask you for your personal information. ​
  • 407 ETR will only send emails from info@407etr.com or communications@407etr.com. Ensure that the emails you receive do not have spelling errors. ​

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Protecting What You Can't Replace: A Data Backup Guide

Important family, financial, and legal information is increasingly stored across devices and online accounts, making a reliable backup plan an important part of protecting it. For many families, these types of files now exist across different devices and services, so it helps to know where those files are stored, how they can be recovered, and what their risks are.

Introduction

Important family, financial, and legal information is increasingly stored across devices and online accounts, making a reliable backup plan an important part of protecting it.

For many families, these types of files now exist across different devices and services, so it helps to know where those files are stored, how they can be recovered, and what their risks are.

For high-net-worth individuals, families, and executives, backups are especially important because the information they rely on is often highly valuable, private, and difficult to replace. A lost device, ransomware attack, cloud account issue, or hardware failure can quickly disrupt personal, financial, or business matters.

Having a reliable backup plan helps ensure important files remain accessible, protected, and recoverable when something goes wrong.  

Common risks to your data

Data can be lost in several ways, including lost or stolen devices, ransomware, or everyday backup failures such as cloud service outages, file corruption, or hardware failure.

Lost or stolen devices

If a device is lost, stolen, or destroyed, any files stored only on that device may be permanently lost. The best protection is to keep a backup in another place, such as a cloud account or an external hard drive.

Ransomware

Ransomware is another serious risk. This type of attack locks your files and demands payment to restore access. An offline backup, such as an external hard drive, protects your files since attackers cannot access it.

Everyday backup failures

Backups can also fail for everyday reasons. Automatic backup settings may be turned off, an important folder missed, files become corrupted, or a cloud service may be temporarily unavailable. A helpful rule of thumb is to keep three copies of important data: one on your device, one in the cloud, and one on an external hard drive.

Cloud backup as a first layer of protection

Cloud storage saves your data online through a service such as Google Drive, Apple iCloud, or Microsoft OneDrive. You can access files from any device with an internet connection, and many cloud services can back up your files automatically.  

Cloud services you may already use

Apple iCloud

  • Included on all Apple products (iPhone, iPad, Mac)
  • Can be set to automatically back up photos, videos, contacts, documents and text messages

Google Drive

  • Built into many Android devices and Chromebooks through a Google account  
  • Windows and Mac users need to install Google Drive for desktop and choose which folders to sync

Microsoft OneDrive

  • Built into Windows 10/11 and included with Microsoft 365 subscriptions
  • Can be set to automatically back up your Desktop, Documents, and Pictures folders

Using cloud backup securely

  • Start by confirming that cloud backup is turned on for each device and the right files and folders are included.
  • Check that recent files are being backed up and that you have enough storage for the information you want to protect.

Since cloud backups can sync unwanted changes, including ransomware-encrypted files, cloud backup should be paired with an offline backup that is disconnected when not in use.

Using a hard drive as an offline backup

An external hard drive provides an extra layer of protection if something goes wrong with your device or cloud account.

To use an external hard drive, connect it to your computer, copy your important files, and disconnect it once the backup is complete.

For added safety, store the drive in a secure location away from your main devices. A safety deposit box or personal safe is the most secure option.

A good place to start

  1. Identify the files that would be hardest to replace, such as legal documents, financial records, tax documents, insurance information, and family photos.
  1. Confirm cloud backup is turned on and includes those files.
  1. Protect cloud accounts with strong passwords and multi-factor authentication.
  1. Copy important files to an external hard drive and disconnect when finished.
  1. Store the hard drive somewhere safe, and separately from your main devices.
  1. Test your backups periodically to make sure the files can be recovered.

If you’re a Richter Guardian client and have questions about securing your backup accounts, multi-factor authentication, protecting your devices from ransomware, or improving your overall device backup strategy, please contact our team.

Ready to stay protected from digital threats, with experienced professionals overseeing your security?

Request a private consultation to find out whether Richter Guardian is a good fit for you.

Article image: Understanding what Mythos AI means for your digital security

Understanding Mythos AI: What It Means for Your Digital Security

For high-net-worth individuals, families, and executives managing significant assets, Mythos AI increases the risk of targeted fraud, account takeovers, and financial loss, making strong cybersecurity practices more important than ever.

Introduction

Anthropic's Claude Mythos is an advanced AI model currently available only to a select group of vetted technology companies, not the general public. While it holds significant promise as a defensive tool, capable of uncovering security flaws before criminals can exploit them, the same capabilities could be misused to lower the effort needed to exploit weaknesses in email, banking, and personal accounts.  

For high-net-worth individuals, families, and executives managing significant assets, this increases the risk of targeted fraud, account takeovers, and financial loss, making strong cybersecurity practices more important than ever.

What's Mythos AI?

Claude Mythos is an advanced artificial intelligence model developed by Anthropic, the company behind the widely used Claude AI assistant. It can be thought of as a much more powerful version of AI tools that many people already use for daily tasks. Mythos goes far beyond earlier models, especially in areas such as complex reasoning, software analysis, and, most importantly, the ability to identify weaknesses in computer systems.

At this time, Mythos is not available to the general public. It is still going through testing and review and has only been released in a highly controlled way to a small number of trusted organizations. These include major technology and security companies such as Microsoft, Apple, Amazon, Cisco, and CrowdStrike. This limited release is intentional. Anthropic has stated that Mythos is powerful enough to cause serious harm if misused, so they have chosen to share it cautiously and with careful oversight.

Why's everyone talking about it?

There are two main reasons Mythos is receiving so much attention. The first is concern within the cybersecurity community. Mythos represents a major step forward in what AI can do when applied to computer systems. Security professionals worry that existing defense tools and practices have not yet caught up. There is also concern that criminals could use tools like Mythos to make cybercrime faster, cheaper, and easier to carry out.

The second reason is business momentum. Every major AI announcement attracts investors and increases public interest. This often raises the perceived value of companies such as Anthropic, OpenAI, and Google. As a result, Mythos has become not only a security issue, but also a financial and market-driven story.

It is important to understand that Mythos is not an isolated development. Other companies, including OpenAI and Google, have already released AI models with similar cybersecurity-related capabilities, though generally at a lower level. What makes Mythos different is how quickly and efficiently it operates, as well as Anthropic’s openness in discussing both its potential benefits and its risks.

How does this affect you?

Mythos does not create entirely new types of cyber threats. Instead, it significantly lowers the level of skill, knowledge, and time needed for attackers to exploit existing weaknesses. These weaknesses exist in the everyday technology we all rely on, including phones, laptops, email systems, and banking or investment applications.

Cyberattacks that once required a team of highly skilled hackers may soon be possible for a single individual using AI tools. For individuals and families with significant financial assets, sensitive personal communications, or access to influential networks, this increases risk. The most common and serious threats remain personal email compromise, fraudulent wire transfers, and targeted account takeovers.

How you can keep safe

Regularly review your digital access points

Make sure all important accounts, such as banking, email, and investment platforms, use strong, unique passwords, and enable multi-factor authentication wherever it is available. In addition, use credit monitoring services to help detect fraud, unauthorized accounts, or identity misuse as early as possible.

Be cautious with unexpected messages

AI can now generate very realistic phishing emails, texts, and phone messages. If something seems unusual or urgent, verify it through a separate and trusted method before taking action.

Confirm your advisors are prepared

Organizations that manage your assets should be reviewing and strengthening their cybersecurity controls, including how sensitive data is protected and how fraud risks are managed.

Richter Family Office supports high‑net‑worth families and executives by integrating cybersecurity and risk considerations into wealth management, governance, and operational oversight.

Contact us with any concerns

Richter Guardian is actively monitoring developments related to Mythos AI and other emerging cyber risks. We will continue to share updated guidance as the situation evolves.

Ready to stay protected from digital threats, with experienced professionals overseeing your security?

Request a private consultation to find out whether Richter Guardian is a good fit for you.

Article illustration: Protecting Our Clients with Richter Guardian

Protecting Our Clients with Richter Guardian

A client fell victim to an Apple Support impersonation scam after a pop-up and remote access. See how Richter Guardian onboarded her, secured her devices, and restored her peace of mind.

The challenge

In our modern digital landscape, cybersecurity threats are an equal-opportunity challenge that can impact anyone, anywhere. As our world becomes more interconnected through technology, it’s crucial to recognize that cybersecurity isn’t just a concern for tech experts; it’s a shared responsibility that affects us all.

In one such case, a client found herself facing a daunting cybersecurity challenge. While browsing the internet, she received a pop-up message claiming that her computer was compromised by a virus. The message instructed her to call a specific number, which were impersonating Apple Support. Unfortunately, she fell victim to this scam, leading to a compromise of her computer.

The root cause analysis suggests that her computer might have been compromised during the installation of browser filters to block ads, where cybercriminals took possession of her computer system for 45 minutes. The client was distressed upon receiving a fraudulent invoice, wondering how this happened to her. This case study highlights the importance of cybersecurity and how Richter Guardian can offer a solution.

The solution

Richter Guardian, a comprehensive cybersecurity service offered by Richter, was instrumental in addressing this client’s situation. When the client reached out to Richter, our team quickly assessed the situation and took immediate action.

First, we onboarded the client to the Richter Guardian service, which includes social media protection, endpoint protection for devices (laptops, desktops, and mobile devices), and monitoring for compromised credentials on the dark web. This multi-layered approach ensured comprehensive protection for the client.

In addition to onboarding the client to Richter Guardian, we conducted a thorough analysis of her compromised computer. We also extended the protection to her mobile devices, ensuring her entire digital presence was safeguarded.

Furthermore, we educated the client on cybersecurity best practices, including the importance of strong, unique passwords and the use of two-factor authentication. We worked closely with her to ensure that her online accounts and data remained secure.

The result

The results of our intervention were significant. The client experienced several benefits from our Richter Guardian service:

Peace of Mind: The client no longer felt vulnerable to cyber threats. She gained confidence in her ability to navigate the digital landscape safely.

Device and Data Protection: All her devices, including her compromised computer, were fortified against potential threats. Her sensitive data was secure, and she no longer worried about cyberattacks.

Reputation Protection: Richter Guardian helped protect her online reputation by proactively monitoring for impersonation attempts and taking swift action to remove any fraudulent accounts.

Educational Insights: The client received valuable insights and recommendations to enhance her cybersecurity awareness. She learned how to recognize potential threats and avoid falling victim to scams in the future.

Ready to stay protected from digital threats, with experienced professionals overseeing your security?

Request a private consultation to find out whether Richter Guardian is a good fit for you.