French bank hit by cyberattack, hackers steal $100 million

· Cybersecurity · France

French regional bank Crédit Mutuel Arkéa said Wednesday it had been hit by a cyberattack that led to fraudulent transfers worth around 100 million euros ($112 million). The bank said the attack, which has since been "contained", allowed hackers to access its own accounts and transfer funds to other banks. Customer accounts were not affected, according to the bank.

Why it matters：The theft shows how attacks on banks' internal accounts, rather than customer data, can cost large sums and test financial-sector defences.

Key points

  • About €100 million ($112 million) was fraudulently transferred.
  • Hackers accessed the bank's own accounts.
  • The bank says customer accounts were not affected.

Sources (original reporting)

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