BusinessPhoto: HT WorldFrench Bank Credit Mutuel Arkea Hit by $112 Million Cyberattack
French regional bank Credit Mutuel Arkea reported a cyberattack resulting in fraudulent transfers totaling around 100 million euros ($112 million). Hackers accessed the bank's account to transfer funds to other banks, not client accounts, causing no client losses. The stolen money was partly converted into cryptocurrencies, with some funds blocked. The attack was sophisticated and external, and a Paris prosecutor has launched an investigation.
HT World·


