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Cyberattack: French bank says online hacking stole around $100 million

Cyberattack: French bank says online hacking stole around $100 million

Summary

French regional bank Credit Mutuel Arkea said a cyberattack enabled fraudulent transfers worth about 100 million euros ($112 million). The bank said the attack has been contained and that hackers accessed its own account, not customer accounts; clients suffered no losses.

Key Facts

  • Credit Mutuel Arkea reported the cyberattack on Wednesday.
  • The fraudulent transactions totaled about 100 million euros, or $112 million.
  • Hackers used access to the bank’s account to transfer money to other banks.
  • The bank said customers’ accounts were not accessed.
  • Arkea said clients suffered no losses.
  • The bank said it had contained the attack.
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