funsec mailing list archives

Swedish Bank Loses $1.1M to Online Fraud


From: "Fergie" <fergdawg () netzero net>
Date: Fri, 19 Jan 2007 18:34:23 GMT

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Is it just me, or does this seem to be getting way out of hand? :-)

It is epidemic.

Via The BBC.

[snip]

Internet fraudsters have stolen around 8m kronor ($1.1m; £576,000) from
account holders at Swedish bank Nordea.

The theft, described by Swedish media as the world's biggest online fraud,
took place over three months.

The criminals siphoned money from customer's accounts after obtaining login
details using a malicious program that claimed to be anti-spam software.

Nordea said it had now refunded the lost money to all 250 customers
affected by the scam.

[snip]

More:
http://news.bbc.co.uk/2/hi/business/6279561.stm

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/


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