Hacking News
French Bank Arkéa Resumes Transfers After Attack
French bank Arkéa resumed almost all operations on November 4 after an attack enabled fraudulent crypto transactions from its own account. The bank's own account was used through a service provider's platform, and some funds were sent to other banks. The bank did not confirm the conversion of these funds into cryptocurrency or their connection to specific crypto wallets. The amount involved in fraudulent transactions is not necessarily the bank's final loss, as blocked funds and recoveries are still being accounted for. The incident is described as contained and did not affect customers' holdings.