Science & Tech · Cybersecurity · 2 hrs ago

Cyberattack on Crédit Mutuel Arkéa estimated at more than €100 million

Cyberattack on Crédit Mutuel Arkéa estimated at more than €100 million

Crédit Mutuel Arkéa, a bank based in Brittany, was hit by a cyberattack that enabled fraudulent transactions.

The amount taken is estimated at about €118 million, although the bank has not confirmed that figure.

Information about the incident says the money was converted into cryptocurrency to move it out of the bank.

The bank says the attack is now under control.

It says customers will face no financial consequences and their interests are protected.

Some banking services, including certain transfers, were temporarily suspended as a precaution and remain unavailable to some customers.

The bank has not said when those services will be fully restored.

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What people are saying

Crédit Mutuel ArkéaBank
the incident is now under control
via Le Monde
this has no financial consequences for clients
via franceinfo
their interests are fully protected
via franceinfo
ZachXBTCryptocurrency security researcher
an entity in the European Union is suspected
via Le Monde