Crédit Mutuel Arkéa reports cyberattack, says clients will be fully protected

What happened: Crédit Mutuel Arkéa says it was the victim of a cyberattack detected by its own teams and reports fraudulent transactions. The bank suspended certain transactions temporarily to secure operations. Key numbers: Le Télégramme reported 133 million dollars (118 million euros) disappeared; the bank did not confirm this. Why it matters: The bank insists no customer will suffer any financial loss. It has not confirmed the amount stolen.

Crédit Mutuel Arkéa says it was the victim of a cyberattack detected by its own teams and reports fraudulent transactions. The bank suspended certain transactions temporarily to secure operations.

The bank insists no customer will suffer any financial loss. It has not confirmed the amount stolen.