Paris (France) (AFP) - French regional bank Crédit Motuel Arkia announced on Wednesday that it had been subjected to a cyber attack that allowed fraudulent transactions worth nearly 100 million euros to be carried out.
Published on: 04/11/2026 - 22:57
The bank stated that during the attack, which was “contained,” the hackers were able to make transfers through its account to other banks, without affecting the accounts of customers who did not suffer any losses.
He added that the stolen funds were then converted into cryptocurrencies via specialized platforms, noting at the same time that part of them had been frozen, and that other efforts were underway to recover the funds.
Credit Mutuel Arkia ruled out that the transfers were the result of human errors, noting that “it was a sophisticated attack from abroad.”
The banking institution did not provide details on how the attack was carried out or who might be behind it.
The Paris Public Prosecution told Agence France-Presse that it had opened an investigation.
The bank did not confirm the theft of the amount of 118 million euros that Le Telegram newspaper reported, but it confirmed the size of the losses, which it said were “not... to the extent that affects the financial soundness and strength of the group.”
Credit Mutuel Arkia achieved a net profit of 230 million euros in the first half of the year.
© 2026 AFP
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