Electronic devices operating in the marine environment often face severe corrosion. In addition, highly integrated and powerful devices generate a notable amount of heat, which may lead to a deterioration in performance and reliability. Therefore, it is essential to develop thermal interface materials (TIMs) with high thermal conductivity and outstanding corrosion resistance for efficient and stable heat dissipation. Herein, a novel hierarchical three-dimensional structure comprising hexagonal boron nitride sheet wrapped alumina microsphere/hexagonal boron nitride flakes (Al2O3@BNNS-BNFs) has been fabricated, which can simultaneously improve the thermal conductivity and corrosion resistance of silicone grease (SG). The dispersibility of BNFs in SG is enhanced by the uniform distribution of Al2O3@BNNSs, while the BNNSs attached to the surface of Al2O3 microspheres improves the compatibility of BNFs and Al2O3 microspheres, thereby effectively enhancing the thermal conductivity of SGs. The thermal conductivity of the Al2O3@BNNS-BNFs/SG can reach up to 1.98 W/(m·K) when the content of Al2O3@BNNS-BNFs is 20 wt%, which is ∼13 times that of ordinary SG. Meanwhile, the Al2O3@BNNS-BNFs/SGs also demonstrate excellent electrical insulation (1.50 × 1013 Ω cm) and corrosion resistance compared to some commercial products. Furthermore, subsequent tests indicate that the Al2O3@BNNS-BNFs/SGs can effectively dissipate heat for electronic devices in various humid environments. These unique properties make the Al2O3@BNNS-BNFs/SGs promising as multifunctional TIMs for thermal management in complex environments, especially in humid or corrosive conditions.