Monaco has seen a moderate rise in ransomware attacks in 2026, with 45 reported incidents. Despite its small size, the country's high-value financial sector makes it a prime target for cybercriminals. The average ransom paid has increased to EUR 120,000, reflecting the sophistication of attackers and the wealth of victims.
Monaco's investment in cybersecurity has grown to EUR 2.5 million, focusing on advanced threat detection and response. The country's cybersecurity workforce has expanded to 150 specialists, emphasizing its commitment to protecting its digital assets. While phishing remains a concern, the attack rate has stabilized at 12%, thanks to improved awareness and security protocols.