Re: Nordea Sweden shuts Internet banking due to targeted phishing

[Drsolly <drsollyp () drsolly com>]

On Tue, 4 Oct 2005, Dan Kaminsky wrote:

> Florian Weimer wrote:
> > > Check this out.
> > >
> > >  http://www.f-secure.com/weblog/#00000668
> > >     
> >
> > | As the scam was uncovered, Nordea Sweden shut down their whole
> > | internet bank. Apparently this was done in order to prevent the
> > | scammers from using the codes to move money around.
> >
> > Uhm, this is just so wrong.  Maybe they weren't prepared, but this
> > drastic measure puts more customers at risk because if their regular
> > banking site fails, they will turn to backup sites that are announced
> > in those helpful email messages.  Or something like that.
> >   
> As I've been saying, it is an open question whether we'll be able to do 
> online banking in 18 months.
 
Banks could fix the phishing problem if they had the incentive. It isn't 
bad enough yet to make them want to fix it.

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