Hackers steal €100m from French bank Crédit Mutuel Arkéa

In a recent cyberattack, hackers stole €100 million from French bank Crédit Mutuel Arkéa. The bank is actively attempting to recover the stolen funds. The cybercriminals utilized the lender's own account to conduct transactions with other banking institutions and may have converted the stolen money into cryptocurrency through specialized platforms.

This marks a rare instance of cybercriminals successfully stealing from a major bank. Crédit Mutuel Arkéa has refuted reports indicating that the cyberattack was facilitated through its online banking subsidiary, Fortuneo, and stated that the incident has no impact on customers' assets, causing only delays in certain transaction executions.

The bank's headquarters are located in Le Relecq-Kerhuon, France. The attack was identified as a sophisticated external endeavor, with no human error involved. The French bank is collaborating with authorities to investigate the incident, which follows a series of high-profile cyberattacks on financial institutions and the retail sector.

A week prior, $6.3 billion was stolen from cryptocurrency exchange Binance, one of the largest heists ever recorded. It is believed that the hackers behind Binance's heist were a North Korean group called TraderTraitors, who employed intricate strategies such as conducting fake job interviews to execute the heist. Concurrently, cyberattacks targeting supermarket refrigerators have been witnessed across Europe in recent weeks.

These attacks initially affected numerous supermarkets in France, causing food waste and fires by raising temperatures to as high as 50 degrees Celsius. SuperValu stores in Ireland and supermarkets in Sweden, Belgium, and Luxembourg were among those impacted.