French Regional Bank Says Cyberattack Caused 'Fraudulent Transactions'

Crédit Mutuel Arkéa Says Attackers Drained Its Own Account and May Have Cashed Out in Crypto

Crédit Mutuel Arkéa, the French banking group that onchain investigator ZachXBT named as the victim of a suspected nine-figure theft, confirmed on Nov. 4 that it was hit by an attack that let fraudulent operations go through. In a second statement the same day, the bank said the attackers may have turned the money into crypto. According to that follow-up, which Arkéa published in French as answers to press questions, the attackers used the bank’…

French bank says cyberattack stole around $100 mn

Arkea said it had excluded the transfers being due to human errors and that it "was a sophisticated attack coming from the outside".

Crédit Mutuel Arkéa Resumes Operations After Cyberattack

Crédit Mutuel Arkéa said nearly all operations resumed after an attack linked to a suspected $133M theft, with some funds frozen and recovery efforts continuing.

French bank Crédit Mutuel Arkéa hit by $133M cyberattack, funds may have moved to crypto

Crédit Mutuel Arkéa says hackers used a third-party platform to make fraudulent transfers. The bank has not confirmed the $133M loss or crypto conversion.