đ Major French banking group CrĂ©dit Mutuel ArkĂ©a has confirmed a loss of approximately âŹ100 million following a sophisticated cyberattack.
The breach involved the exploitation of a compromised supplier, allowing attackers to generate fraudulent IBANs via Fortuneo. Funds were rapidly transferred across European banks and converted into crypto assets.
Chairman Julien Carmona indicates that AI "very probably" facilitated the operation. Notably, a portion of the stolen funds has already been recovered. đ
The breach involved the exploitation of a compromised supplier, allowing attackers to generate fraudulent IBANs via Fortuneo. Funds were rapidly transferred across European banks and converted into crypto assets.
Chairman Julien Carmona indicates that AI "very probably" facilitated the operation. Notably, a portion of the stolen funds has already been recovered. đ