Bank fraud: is your money really safe in France?

Crédit Mutuel Arkéa suffered a cyberattack that diverted more than €100 million, prompting scrutiny of French banks' security defenses. The breach raises questions about how attackers bypass bank protections and whether customer deposits are genuinely safeguarded. A cybersecurity expert examines the incident and the resilience of French banking infrastructure. The event matters because it tests public confidence in deposit safety at a time when banks are increasingly digitized. What to watch next is whether Arkéa discloses how the intrusion occurred and whether regulators tighten security requirements across the sector.