Monaco — Cyber Threat Profile

Monaco's cybersecurity risk profile mirrors Luxembourg's : a microstate hosting an extreme concentration of high-net-worth individuals, private banking, luxury industry, and international events, creating premium targets for financially motivated and espionage-driven threat actors. The government operates a dedicated cybersecurity division within its digital affairs ministry. Monaco aligns closely with French cybersecurity frameworks and benefits from intelligence sharing with French authorities. Targeted spear-phishing against wealthy residents and their financial advisors is the most prevalent threat vector. Ransomware targeting boutique financial and legal firms is growing. Limited sovereign scale means Monaco is dependent on bilateral partnerships for any sophisticated incident response.

National CERT/CSIRT: CERT-MC
Data protection authority: Commission de contrôle des informations nominatives (source: CNIL)
Secure Internet servers per 1M people (2024): 41,495.2 (source: World Bank)
Internet users (2024): 99.0% of population (source: World Bank)

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