Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

New Discoveries Reinforces District Potential at Joaquin

November 7, 2025

Wes Anderson to recreate Joseph Cornell’s studio at Gagosian Paris.

November 7, 2025

Frieze Promotes Kate Sierzputowski to Director of Expo Chicago Fair

November 7, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

Key Louvre Security Password at Time of Heist Was Reportedly ‘Louvre’

News RoomBy News RoomNovember 6, 2025
Share
Facebook Twitter LinkedIn Pinterest Email

It’s yet unclear what tone the cinematic retelling of the Louvre jewel heist will take, but the latest revelation from Paris suggests a farce. 

A French court released a scathing report on Thursday detailing how leadership at the Louvre—home to some of the world’s most famous artworks—prioritized high-profile acquisitions and renovation projects over recommended security upgrades. Adding humiliation to injury, allegations emerged today that at the time of the heist, which saw roughly $102 million in French crown jewels vanish, the museum’s password to a key security surveillance system was, simply, “Louvre.”

A 2014 report from the French information security agency (ANSSI) reviewed by the French daily Libération warned that this was the password for the server overseeing the museum’s extensive CCTV network. Meanwhile, access to software operated by the security technology firm Thales was protected by the equally inspired password, “THALES,” per Libération. ANSSI did not confirm or deny the report to CNN, saying that the audit “cannot be considered representative of the current level of security” of the Louvre’s IT systems. 

The report from France’s Court of Auditors, parts of which were leaked to the press shortly after the break-in, found that there had been “repeated postponements of the scheduled modernization of security systems,” with cameras mostly installed “only when rooms have been refurbished.” The report further criticized the museum for failing to prioritize security enhancements despite its annual operating budget of €323 million ($376 million), adding that “the amounts committed are small compared to the estimated needs.”

According to the report, of the museum’s 465 museum galleries, only 432 CCTV cameras were used to monitor the interior in 2024—a nearly 50% improvement since 2019, but one that still left 61% of the galleries without CCTV surveillance.

Earlier this year, the Louvre and President Emmanuel Macron unveiled plans for a major renovation of the museum, estimated at €700 million to €800 million ($815 million–$932 million). Rachida Dati, the culture minister, later said that a portion of that budget would be dedicated to bringing the museum’s security system in line with the audit’s recommendations.

Dati added that new CCTV equipment would be installed and that a government inquiry into the theft and security failings would be launched in parallel with the ongoing police investigation.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Wes Anderson to recreate Joseph Cornell’s studio at Gagosian Paris.

Frieze Promotes Kate Sierzputowski to Director of Expo Chicago Fair

Legendary ‘Florentine Diamond,’ Lost for a Century, Found in a Vault in Canada

Louvre Security Issues Will Take ‘Several’ Years to Fix, State Audit Finds

Vatican Museums will return rare Indigenous kayak to Canada – The Art Newspaper

One Suspect in Louvre Museum Heist is a Former Museum Guard and Social Media Influencer

San Francisco Arts Commission votes to dismantle Vaillancourt Fountain – The Art Newspaper

Sara Friedlander Promoted to Chairman of Post-War & Contemporary Art, Americas at Christie’s

U.S. Venice Biennale plan collapses after Robert Lazzarini’s selection withdrawn.

Recent Posts
  • New Discoveries Reinforces District Potential at Joaquin
  • Wes Anderson to recreate Joseph Cornell’s studio at Gagosian Paris.
  • Frieze Promotes Kate Sierzputowski to Director of Expo Chicago Fair
  • Investing Insight: Why CNG is the Next Scalable Step in Cleaner Heavy-duty Transport
  • Legendary ‘Florentine Diamond,’ Lost for a Century, Found in a Vault in Canada

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Wes Anderson to recreate Joseph Cornell’s studio at Gagosian Paris.

November 7, 2025

Frieze Promotes Kate Sierzputowski to Director of Expo Chicago Fair

November 7, 2025

Investing Insight: Why CNG is the Next Scalable Step in Cleaner Heavy-duty Transport

November 7, 2025

Legendary ‘Florentine Diamond,’ Lost for a Century, Found in a Vault in Canada

November 7, 2025

Silver’s 2025 Rally Lifts Miners to Record Q3 Results

November 6, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.