The French bank Crédit Mutuel Arkéa has fallen victim to a massive cyberattack, during which approximately €100 million was stolen from its accounts, reports *Rapporteur*.
The perpetrators gained access to an account used by the financial institution for transferring funds to other banks and managed to withdraw a significant sum.
According to the report, the hackers subsequently converted the stolen funds into cryptocurrency via specialized platforms. Meanwhile, the bank stated that it had managed to block a portion of the funds. The institution is currently taking further steps to recover the remaining money.
Crédit Mutuel Arkéa has ruled out human error as the cause of the incident, asserting instead that it was a "sophisticated attack carried out from the outside." The Paris Public Prosecutor's Office has launched an official investigation into the cybercrime, focusing on an "attack on an automated data processing system committed by an organized group."
The exact extent of the losses is still being determined. While the bank did not confirm a report by the newspaper *Le Télégramme* suggesting losses could reach €118 million, it acknowledged that the amount stolen is substantial.
Despite the scale of the incident, the financial institution has assured that its stability remains secure. "The amount affected by the attack is not such that it would undermine the financial health or stability of the group," Arkéa emphasized.
The perpetrators gained access to an account used by the financial institution for transferring funds to other banks and managed to withdraw a significant sum.
According to the report, the hackers subsequently converted the stolen funds into cryptocurrency via specialized platforms. Meanwhile, the bank stated that it had managed to block a portion of the funds. The institution is currently taking further steps to recover the remaining money.
Crédit Mutuel Arkéa has ruled out human error as the cause of the incident, asserting instead that it was a "sophisticated attack carried out from the outside." The Paris Public Prosecutor's Office has launched an official investigation into the cybercrime, focusing on an "attack on an automated data processing system committed by an organized group."
The exact extent of the losses is still being determined. While the bank did not confirm a report by the newspaper *Le Télégramme* suggesting losses could reach €118 million, it acknowledged that the amount stolen is substantial.
Despite the scale of the incident, the financial institution has assured that its stability remains secure. "The amount affected by the attack is not such that it would undermine the financial health or stability of the group," Arkéa emphasized.