Off-shore financial institutions get lots of business from those who think their money is safer on a (nearly) deserted island. Less than 2 percent of the planet’s population inhabits these tax havens, yet 26 percent of world’s wealth can be found in these places. Andrew Hay, a Canadian security practitioner and author, will give a talk on the subject at SOURCE Boston Wednesday. The goal of Hay’s presentation is to squash those myths and outline the risks of offshore banking in explicit detail.”]
Source: https://www.csoonline.com/article/2125033/offshore-banking-more-secure–you-re-dreaming.html