---
title: "Hackers steal from Credit Mutuel Arkea's own account in rare attack on a mainstream bank"
description: "The French bank says customer accounts and assets are untouched and part of the stolen money is frozen, but it has not disclosed the size of the loss."
url: https://insurance.skoop.news/french-bank-credit-mutuel-arkea-says-100-million-missing-aft-4c34a6/
published: 2026-11-06T07:38:34.634523-05:00
modified: 2026-11-06T07:38:34.634533-05:00
section: "Insurance"
publisher: "skoop.news"
language: en
keywords: ["Credit Mutuel Arkea", "Credit Mutuel", "Puneet Kakkar of Nardello & Co", "European Central Bank", "European Union", "Lazarus Group", "French", "Europe", "ZachXBT"]
hashtags: ["#CreditMutuelArkea", "#CreditMutuel", "#PuneetKakkarOfNardelloCo", "#insurance", "#insurancenews"]
image: https://thumb.wikimedia.org/wikipedia/commons/thumb/c/cb/Siege-credit-mutuel-arkea.jpg/1280px-Siege-credit-mutuel-arkea.jpg?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail
---

# Hackers steal from Credit Mutuel Arkea's own account in rare attack on a mainstream bank

> The French bank says customer accounts and assets are untouched and part of the stolen money is frozen, but it has not disclosed the size of the loss.

Published 2026-11-06 · Updated 2026-11-06 · Insurance, [skoop.news](https://skoop.news/)

## In brief

- Hackers carried out fraudulent transfers from the own account of Credit Mutuel Arkea, a French bank, in what is described as a rare instance of cybercriminals successfully stealing from a mainstream bank.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)
- The bank said the attackers went through the platform of one of its service providers and reached the bank directly.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)
- Part of the funds involved has been frozen, and other steps are underway to recover the rest, the bank said.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

## A theft from the bank itself

Hackers carried out fraudulent transfers from the own account of Credit Mutuel Arkea, a French bank, in what is described as a rare instance of cybercriminals successfully stealing from a mainstream bank.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) The bank says customer accounts and assets were not affected, which matters to account holders and to anyone whose transfers were delayed.  [[3]](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/) [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

The cyberattack was made public on Wednesday.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) The bank said it was working to try to recover the stolen money.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

## How the attackers got in

The bank said the attackers went through the platform of one of its service providers and reached the bank directly.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) It declined to identify the third-party provider whose platform was used.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

The attackers used an account belonging to Credit Mutuel Arkea to carry out fraudulent transactions.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) They sent transactions to other banks, which could have allowed them to convert the money into cryptocurrency.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

The funds were not in the form of cryptocurrency, the bank said, and could have been converted to crypto after being stolen.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) The bank described the incident as a sophisticated attack from the outside, and said it was not the result of human error.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

A spokesperson rejected media reports that the bank's online banking subsidiary Fortuneo was the entry point for the attack.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

## The response so far

Part of the funds involved has been frozen, and other steps are underway to recover the rest, the bank said.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) As a precaution, it temporarily suspended some transactions, which delayed some transfers.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

The bank said it had informed the European Central Bank, French banking supervisors and prosecutors.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) The Paris prosecutor's office said its cybercrime unit received a complaint from Credit Mutuel Arkea on Wednesday and immediately opened an investigation led by France's cybercrime police.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

The bank is working with judicial and police authorities to determine the origin of the attack and how it was carried out.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

## What is known and what is not

Details of the attack first emerged on Monday in a report by ZachXBT, a pseudonymous blockchain investigator who later identified Arkéa as the alleged victim.  [[3]](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/) Arkéa confirmed the incident but declined to disclose the exact loss.  [[3]](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/)

The bank has not said when the attack began, who was behind it, or whether any data was taken.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) ZachXBT said he was highly confident the incident was not the work of North Korea's Lazarus Group.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

## Why analysts call it unusual

Cyber experts told Reuters that it was unusual for money to be stolen virtually from a bank.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) Rafay Baloch, CEO of RedSecLabs, said the Credit Mutuel attack was unprecedented in Europe.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

Puneet Kakkar of Nardello & Co said any hit in the financial system is a big deal.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) He also said French banks typically have strong cybersecurity due to regulatory requirements.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

Credit Mutuel Arkea is part of the wider Credit Mutuel banking network and is affiliated with its central body while retaining significant strategic autonomy.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

## The wider pressure on Europe's banks

Financial regulators globally have stepped up warnings about the risk of cyberattacks, particularly with the growth of AI.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) Earlier this week, the European Union said its agencies were holding urgent discussions with national authorities to coordinate a response to a growing wave of cyberattacks across Europe.  [[3]](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/)

## What this means for customers

If you bank with Credit Mutuel Arkea, the bank says your accounts and assets were not affected.  [[3]](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/) Some transfers were delayed after the bank temporarily suspended some transactions as a precaution.  [[2]](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm)

The bank warned customers that phishing attempts are possible after the attack.  [[1]](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)

## Sources

1. [Arkea Hack: Bank Confirms Cyberattack, ZachXBT Says $133M Stolen](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million) — Bitcoin Magazine
2. [French Bank Credit Mutuel Arkea Says €100 Million Missing After Cyberattack](https://www.insurancejournal.com/news/international/2026/11/06/891802.htm) — Insurance Journal
3. [Hackers Steal $112 Million From French Bank in Latest Cyberattack on France](https://www.sofx.com/hackers-steal-112-million-from-french-bank-in-latest-cyberattack-on-france/) — sofx.com

Image: Photo: Jul.H / Wikimedia Commons, CC BY-SA 4.0 (https://commons.wikimedia.org/wiki/File:Siege-credit-mutuel-arkea.jpg)

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Written from the sources above and checked twice (rules and an independent model) before publishing. How we work: https://skoop.news/how-we-work/ · Corrections: https://skoop.news/corrections/
