French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million
By Micah Zimmerman
AI summary of the source article
French bank Credit Mutuel Arkea confirmed a cyberattack enabled hackers to execute fraudulent transfers from its own account. While investigator ZachXBT estimated losses above $133 million, the bank stated customer assets were unaffected and its financial health is not threatened.
Key facts
- Hackers accessed Credit Mutuel Arkea via a service provider's platform to execute fraudulent transfers from the bank's own account.
- On-chain investigator ZachXBT estimated the theft at over $133 million, while AFP reported a provisional bank estimate of about 100 million euros.
- The bank stated customer assets were not affected, operations were resuming, and part of the funds had been frozen.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million Credit Mutuel Arkea says a cyberattack through a service provider enabled fraudulent transfers from its own account, while ZachXBT puts the theft above $133 million, a figure the bank has not confirmed. This post French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses…