Security
Crédit Mutuel Arkéa Hit by Cyberattack, with Unconfirmed Losses Estimated at €100 Million or More
Crédit Mutuel Arkéa, a French banking group, says a cyberattack led to fraudulent transfers from its own accounts. The bank has not confirmed any loss figure. Reports estimate the loss at more than €100 million, and an investigator estimated more than $133 million. The bank says customer accounts were not affected.