Cyberattacks: The Plague of the Digital Era
The latest victim of cyberattacks is none other than the prestigious fashion house, Christian Dior. Hackers have obtained certain client data, making it the second luxury brand of LVMH to fall prey to such an attack. The company has recently discovered that an "unauthorized external party" had accessed certain client data, but no financial information, including banking or credit card data, was disclosed during the breach. Dior is continuing to investigate the incident with the help of cybersecurity experts and has notified the relevant regulatory authorities. If necessary, it will inform them.
The data breach concerns client names, postal and email addresses, and phone numbers. Reliable journalistic sources (Bloomberg and Le Monde) have reported that the cyberattack took place in January 2025 and that clients were notified of the database violation at the start of this week. It is likely that cybercriminals were looking for wealthy clients who could be targeted for other attacks in the future.
These incidents only serve to heighten concerns about the safety of their financial data, as credit card numbers are requested for every transaction, even if they are not stored on servers. At the same time, this opens the door for insurers to cover this type of risk at a high price, in line with the exorbitant cost for victim companies.
