A French regional bank, Credit Mutuel Arkea, disclosed a cyberattack that led to the theft of approximately 100 million euros. The stolen funds were converted into cryptocurrencies. The bank confirmed that customer accounts were not compromised. Ongoing efforts aim to recover part of the stolen money. An official investigation has begun into the external attack. The bank stated that the attack was sophisticated. The stolen amount is equivalent to around 112 million dollars. The bank is working with authorities to trace the funds. The incident highlights growing risks of cybercrime in financial institutions. The attack occurred in recent weeks. The bank has not disclosed the exact date of the breach. No customers were affected by the unauthorized transactions. The bank is reviewing its security measures. The investigation is being led by French authorities. The stolen funds remain in cryptocurrency wallets. The bank is seeking assistance from international partners. The incident may impact the bank’s financial stability. The attack is under further analysis.
French bank loses 100 million euros in cyberattack




























