Louis Vuitton Korea suffered a cyberattack that compromised some
customer data, the second time in recent months that hackers have targeted the world’s largest luxury group.
The Korean unit of LVMH’s flagship brand said an “unauthorized third party” accessed its systems on June 8 and some
customer information was leaked. No financial data including credit card or bank account details were taken and the secu
rity breach has been contained, it said in a statement.
Louis Vuitton Korea said it is investigating the cyberattack and ha
s notified relevant authorities. “We are strengthening the s
ecurity of our systems and working with the best experts in cybersecurity,” it said.
Christian Dior Couture, LVMH’s second-largest fashion label, sai
d in May it had been targeted by hackers who accessed some custome
r data. Le Monde newspaper reported the cyberattack took place in January.
“From New Mexico, where one of the state’s most destructive wildfires validated early high-risk forecasts, to blazes
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in the Midwest and Southeast, the 2024 season revealed wildfire’s expanding geographic footprint, relentless pace
, and increasingly unpredictable behavior,” the report stated. “For insurance carriers, it exposed the limits of legacy mo
dels still tied to historical fire perimeters or broad geographic zones, and accelerated adoption of next-generation tools th
at assess parcel-level vulnerability–including structural features, defensible space, and vegetation overhang.”
The rest of the year is shaping up to be more volatile following a moderate 2024 wildfire season. Severe
drought conditions are expected to return and spread across the country, with intensified dryness in the Southwest a
nd deep into the Northern Rockies and the Plains, according to the report.
“Heavy rains in California, Oregon, and Washington during the past two years have driven significant vegetati
on growth. If heat and dryness persist into late summer as forecasted, these areas could once again become highly combustible,” the report states. “This familiar patter
n, where wet years boost fuel loads that turn dangerous when condit
ions shift, remains a long-term driver of wildfire risk in these historically vulnerable states.”
The report notes that states like Arizona, New Mexico, Nevada, Utah, and Colorado remain in multi-year drough
ts, while Montana, Wyoming, North Dakota, and South Dakota are emerg
ing as new high-risk zones due to a dry, snow-starved winter and unusually warm spring. Drought signals are also coming out of Texas and Florida, according to the report.