This piece is co-authored by Emmanuèle Lutfalla, partner, Signature Litigation Paris, and Louis Fer, associate, Signature Litigation Paris
In the wake of relentless technological advancement, the cyber threat has become a familiar and pressing challenge for the insurance sector. As underscored by France Assureurs’ 2025 Riskmap, cyber risk now ranks as the primary concern for insurers, surpassing even climate change. This prominent positioning is driven by a significant surge in the frequency and severity of attacks, exemplified by the recent assault on Jaguar in the UK, with estimated losses of €2 billion.
Perpetrators are increasingly innovative, developing new attack vectors and techniques, thereby complicating the risk landscape for all stakeholders, legislators, potential victims, and insurers. The motivations behind these attacks are diverse, ranging from financial gain to political or geopolitical objectives, while the targets are equally varied, encompassing multinational corporations, hospitals, state entities, and small businesses. The impacts are multifaceted and often irreversible, extending beyond direct crisis management costs to include the profound,…
