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    Home > Headlines > Louvre was exposed to heist by chronic underestimation of risk, says French minister
    Headlines

    Louvre was exposed to heist by chronic underestimation of risk, says French minister

    Published by Global Banking and Finance Review

    Posted on October 31, 2025

    2 min read

    Last updated: January 21, 2026

    Louvre was exposed to heist by chronic underestimation of risk, says French minister - Headlines news and analysis from Global Banking & Finance Review
    Tags:securityinsurancerisk management

    Quick Summary

    The Louvre experienced a $102M heist due to longstanding security flaws. Minister Dati announces new security measures as arrests are made.

    Table of Contents

    • Security Oversight at the Louvre
    • Details of the Heist
    • Response and Future Security Plans
    • Arrests and Investigation Progress

    French Minister Highlights Louvre's Longstanding Security Oversight

    Security Oversight at the Louvre

    (Reuters) -A "chronic, structural underestimation of the risk of intrusions and theft" left the Louvre exposed for over 20 years to the kind of heist the museum experienced this month, French culture minister Rachida Dati said on Friday.

    Details of the Heist

    Security gaps contributed to a brazen daylight heist on October 19, in which four hooded thieves made off with eight precious pieces worth $102 million from the museum's Apollo gallery, home to the French Crown Jewels.

    Response and Future Security Plans

    A preliminary report into the theft found inadequate safety equipment, poor organisation and obsolete protocols at the museum, Dati told TF1 TV.

    Arrests and Investigation Progress

    "The devices as they were installed, the alarm and security devices as they were installed on the day of the theft at the Louvre Museum, functioned properly," but that wasn't enough to prevent the robbery as security "was not a priority", Dati said.

    She said that the museum will introduce additional security by the end of the year, including anti-intrusion devices and anti-vehicle ramming barriers on nearby public roads.

    Louvre director Laurence des Cars told senators last week that she had offered her resignation after the heist, but Dati refused it.

    Des Cars spoke of her "disappointment and surprise" at the state of the Louvre, the world's most visited museum, when she moved there from the Musee d'Orsay - home of the French Impressionists.

    Seven suspects have been arrested so far in connection with the robbery, but none of the stolen jewels has so far been recovered.

    (Reporting by Alessandro Parodi, editing by Richard Lough and Ros Russell)

    Key Takeaways

    • •Louvre's security underestimated for over 20 years.
    • •A heist on October 19 resulted in $102 million loss.
    • •Minister Dati highlights security equipment failures.
    • •New security measures planned by year-end.
    • •Seven arrests made, but stolen jewels unrecovered.

    Frequently Asked Questions about Louvre was exposed to heist by chronic underestimation of risk, says French minister

    1What is security oversight?

    Security oversight refers to the processes and measures implemented to protect assets, ensuring safety and preventing theft or unauthorized access.

    2What is a heist?

    A heist is a robbery or theft, typically involving the stealing of valuable items or money, often executed with planning and precision.

    3What is risk management?

    Risk management is the identification, assessment, and prioritization of risks followed by coordinated efforts to minimize, monitor, and control the probability of unfortunate events.

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