French bank says cyberattack stole around $100 mn

Arab News ·
Crime & Justice Cybercrime France

French regional bank Credit Mutuel Arkea reported a cyberattack that resulted in the theft of approximately 100 million euros ($112 million) through unauthorized transactions. The bank confirmed that while client accounts were unaffected, the stolen funds were later converted to cryptocurrencies, with some efforts ongoing to recover a portion of the money. An official investigation has been…

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