technology

Crédit Mutuel Arkéa: more than 100 million euros stolen in an online heist

Since the digitization of the collections, this type of operation was considered to have become very difficult.

crédit mutuel arkéa, américain, telegram, grégory raymond, mohammed boumediane, hackers, crédit, mutuel

Key facts

  • The amount, in excess of 100 million euros, places the case among the heaviest digital thefts reported for a French institution.
  • Since the digitization of funds, this type of operation was considered to have become very difficult. The case nevertheless shows that a massive…
  • The bank only confirmed the attack this Wednesday morning, even though an alert had already circulated two days earlier.

The amount, in excess of 100 million euros, places the case among the heaviest digital thefts reported for a French institution.

Since the digitization of funds, this type of operation was considered to have become very difficult. The case nevertheless shows that a massive transfer to crypto accounts remains possible once access has been obtained.

The bank only confirmed the attack this Wednesday morning, even though an alert had already circulated two days earlier.

The facts concern a European entity, according to the Telegram message, and funds subsequently distributed across several platforms. No further details on the identity of the perpetrators or the intrusion channel are provided in the available information. On a Telegram account, a message indicated that"funds have been stolen from a European entity.".

According to the available information, the perpetrators scattered the money across several accounts hosted on cryptocurrency platforms.

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