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French Crédit Mutuel Arkéa suffers a cyberattack and is robbed of 118 million euros

The banking and insurance group Crédit Mutuel Arkéa, one of the entities affiliated with Crédit Mutuel, has suffered a cyberattack in which around €118 million have been stolen from it and converted into cryptocurrencies.

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French Crédit Mutuel Arkéa suffers a cyberattack and is robbed of 118 million euros

Crédit Mutuel Arkéa, a banking and insurance group, has been hit by a cyberattack in which hackers stole around 118 million euros, converting them into cryptocurrency. The incident is under control and has no financial consequences for the bank's clients, according to sources. The bank, based in Brittany, France, temporarily suspended some operations and its mobile app was not functioning for clients.

This is reportedly the first time a traditional French bank has been hacked in this way. The attack occurred shortly after a similar incident on the Binance platform, where hackers stole 6,340 million dollars in cryptocurrency.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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