French regional bank Crédit Mutuel Arkéa said on Wednesday, November 4, that it had been the victim of a cyberattack that allowed fraudulent transactions, which reports claim amounted to €100 million. The bank, an arm of French financial services giant Crédit Mutuel in western France, said the attack was “under control” and there would be “no financial consequence” for its clients.
It said in the attack, which had now been “contained,” hackers gained access to Arkéa’s account to make transfers to other banks, not the accounts of clients, who did not suffer any losses. Arkéa added that the stolen funds were then converted into cryptocurrencies on specialised platforms, but said a portion had been blocked and other efforts were being taken to recover the funds.
Read more…
Source: Le Monde
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- 623M Payment Cards Stolen from Cybercrime Forum
April 9, 2021
The Swarmshop cyber-underground “card shop” has been hit by hackers, who lifted the site’s database of stolen payment-card data and leaked it online. That’s according to researchers at Group-IB, who said that the database was posted on a rival underground forum. Card shops, are online cybercriminal forums where stolen payment-card data is bought and sold. Researchers said ...
- Silver Sparrow Malware Found Nesting on 30K Macs
February 19, 2021
Hard on the heels of a macOS adware being recompiled to target Apple’s new in-house processor, researchers have discovered a brand-new family of malware targeting the platform. Curiously, in the samples seen so far by analysts at Red Canary, the malware (dubbed Silver Sparrow) has been executing on victim machines with the final payload yet to ...
- France links Russian Sandworm hackers to hosting provider attacks
February 15, 2021
The French national cyber-security agency has linked a series of attacks that resulted in the breach of multiple French IT providers over a span of four years to the Russian-backed Sandworm hacking group. ANSSI (short for Agence Nationale de la Sécurité des Systèmes d’Information) has not been able to determine how the servers were compromised. Therefore, it ...
- Egregor ransomware members arrested by Ukrainian, French police
February 14, 2021
A joint operation between French and Ukrainian law enforcement has reportedly led to the arrests of several members of the Egregor ransomware operation in Ukraine. As reported first by France Inter, on Tuesday, law enforcement made the arrests after French authorities could trace ransom payments to individuals located in Ukraine. The arrested individuals are thought to be ...
- World’s Most Dangerous Malware Emotet Disrupted Through Global Action
January 27, 2021
Law enforcement and judicial authorities worldwide have this week disrupted one of most significant botnets of the past decade: EMOTET. Investigators have now taken control of its infrastructure in an international coordinated action. This operation is the result of a collaborative effort between authorities in the Netherlands, Germany, the United States, the United Kingdom, France, Lithuania, ...
- French IT giant Sopra Steria hit by Ryuk ransomware
October 22, 2020
French IT services giant Sopra Steria suffered a cyberattack on October 20th, 2020, that reportedly encrypted portions of their network with the Ryuk ransomware. Sopra Steria is a European information technology company with 46,000 employees in 25 countries worldwide. The company provides a wide range of IT services, including consulting, systems integration, and software development. On October ...