Print 14 comment(s) - last by malware.. on Jan 24 at 9:02 PM

Walking into a bank with a ski mask is old fashioned

Swedish bank Nordea was the target of one of the largest online heists.  The bank lost between 7 to 8 million Swedish kronor (a little over $1.1 million USD) in a phishing scam that had been taking place over the last 15 months, according to ZDNET UK.

Officials say the "bank robbers" used phishing emails to lure bank customers into opening emails with attachments entitled "" or "raking.exe."  The attachments were disguised as anti-spam software, but contained a Trojan which security companies called ""

Close to 250 Nordea customers were taken by the fraud.  It was also said that attacked customers did not have anti-virus software on their computers.  Security officials claim Russian organized criminals are responsible for the heist, with no less than 121 people suspected to be involved.  Even more damning, Swedish police traced computer servers first in the U.S. and then to Russia.

"" is typically know to install keyloggers to record keystrokes, then hides itself using a rootkit.  When users attempted to activate their Nordea accounts online, the Trojan automatically responded by bringing the customer to a fake bank homepage. 

When the customers entered their personal information, including bank numbers and passwords, the website would load to an error page claiming that the site was having technical difficulties.  The criminals then used the gathered information on the real bank page and withdrew funds from customer accounts.

Nordea claimed it knew that a few of the transactions had been false due to the unusual activity under the accounts, but a majority of the transactions had been small withdrawal amounts, therefore making it difficult to identify real transactions from the fraudulent ones.  Nordea spokesman Boo Ehlin claimed that most of the fraudulent cases were small amounts that the company thought were ordinary.

Currently, a police investigation is underway and the bank is reviewing its security procedures.

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By TimberJon on 1/22/2007 10:55:46 AM , Rating: 2
Thats the problem. People DON'T know how bad it is. And how sophisticated hacking and phishing is. How minimal security is when there are ethical hacking courses available everywhere. They buy home PCs and connect up and buy everything, without knowing about anti-spam or Firewalls.

I say the computer companies should get sued, for pushing advertising so hard for their budget systems. People think its a great deal but are not warned of the dangers. Product Boxes should suggest what brands and types of software to purchase to protect their system, AND/OR provide a coupon of some type to aid in the purchase of said software.

RE: Ignorance
By JTMoney1014 on 1/22/2007 11:28:09 AM , Rating: 2
I hope that you are kidding about the computer companies being sued TimberJon. That would be one of the most ridiculous lawsuits of all-time, not to mention just plain dumb. You can't honestly believe it is the fault of computer companies that these things are happening.

"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton

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