1 Hr
Source:
الصباح
€100m Cyberattack Loss
The French bank Crédit Mutuel Arkéa was hit by a sophisticated cyberattack that led to nearly €100 million in fraudulent transactions. The funds were transferred from an account belonging to the bank to other institutions, then converted into cryptocurrency. The bank said the attack had been contained and customer accounts were unaffected. Some of the money has been frozen, while efforts to recover the rest are ongoing. The Paris prosecutor’s office has opened an investigation, without disclosing details of the breach or the parties that may have been involved.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)