Why it matters
The incident affects a French bank and its efforts to recover funds. The supplied reports describe no direct effect on U.S. customers, banks or markets.
SECURITY & DEFENSE • FRANCE
French bank says cyberattack led to about €100 million in fraudulent transfers
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BLUF
Crédit Mutuel Arkéa says hackers used access to the bank’s own account to make fraudulent transfers totaling about €100 million. The bank says the attack was contained and customer accounts were not affected, according to France 24; French prosecutors are investigating, according to RFI.
HOW THIS BRIEF WAS MADE 4 outlets: 4 international. Automated sourcing and summaries by the BLUF engine. Corrections