French Bank Crédit Mutuel Arkéa Hit by Cyberattack, Losses Exceed $133 Million
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French banking group Crédit Mutuel Arkéa has confirmed a cyberattack resulting in fraudulent transactions amounting to over $133 million. The bank's own account was used to transfer funds to other institutions, which were then converted into cryptocurrency. Customer assets remain unaffected, and the incident has been contained. Recovery efforts are ongoing.
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