French bank Cr\u00e9dit Mutuel Ark\u00e9a has fallen victim to a major cyberattack in which approximately \u20ac100 million was stolen from its accounts, Rapporteur reports.<\/p>\n
The attackers gained access to an account used by the financial institution to transfer funds to other banks and managed to withdraw a substantial amount of money.<\/p>\n
According to the publication, the hackers subsequently converted the stolen funds into cryptocurrency through specialised platforms. The bank said that some of the money had been frozen. The financial institution is now taking additional measures to recover the remaining funds.<\/p>\n
Cr\u00e9dit Mutuel Ark\u00e9a has ruled out human error as the cause of the incident. The bank believes it was a \u201csophisticated attack carried out externally\u201d. The Paris Public Prosecutor\u2019s Office has launched a formal investigation into the cybercrime. The investigation concerns an \u201cattack on an automated data processing system carried out by an organised group\u201d.<\/p>\n
The exact amount of the losses is still being established. The bank has not confirmed a report by the newspaper Le T\u00e9l\u00e9gramme suggesting that the losses could amount to \u20ac118 million, but acknowledged that the sum stolen was substantial.<\/p>\n
Despite the scale of the incident, the financial institution assured customers that its stability was not at risk.<\/p>\n
\u201cThe amount of funds affected by the attack was not sufficient to undermine the financial health and stability of the group,\u201d Ark\u00e9a emphasised.<\/p>\n","protected":false},"featured_media":152405,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-152404","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/152404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/152405"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=152404"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=152404"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=152404"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=152404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}