Feeds

Phishers haul in money from Nordic bank

Trojan hijacks log-in details

Secure remote control for conventional and virtual desktops

Phishing gangs have managed to steal about €900,000 from accounts at Swedish bank Nordea since last autumn using a Trojan horse, according to Computer Sweden.

Swedish police say they are still receiving reports of losses to the scam.

At least 250 customers have been affected; the accounts of another 121 customers are under investigation. Nordea, the largest bank in Nordic countries, have confirmed the attacks, but didn’t inform the public until now.

Reports of phishing attacks against Nordea Sweden popped up as early as October 2005, but according to Computer Sweden the first successful attack took place in September 2006.

The Trojan is activated when customers enter their log-in details. An error message appears and the details are sent to the phishers in the US and Russia. In some cases large amounts of money were taken from the accounts. Nordea managed to cancel some of the transactions. The bank says it will compensate all victims of the attacks.

Phishing attacks continue to escalate both in numbers and sophistication according to Internet monitor Netcraft. There were at least 609,000 confirmed phishing sites last year. Several attacks saw phishers hack into bank web servers and use them in attacks. In March, a Chinese bank's web server hosted phishing sites targeting US banks. The phishing pages were placed in hidden directories on The China Construction Bank (CCB) Shanghai Branch. This attack was the first recorded instance where a bank's infrastructure was used to attack another institution.

A July attack on Citibank demonstrated a technique that was even able to defeat two-factor authentication tactics. The second authentication factor used by Citibank is provided by a security token which generates a one-time password that remains valid for approximately one minute.®

New hybrid storage solutions

More from The Register

next story
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
THREE QUARTERS of Android mobes open to web page spy bug
Metasploit module gobbles KitKat SOP slop
'Speargun' program is fantasy, says cable operator
We just might notice if you cut our cables
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
Snowden, Dotcom, throw bombs into NZ election campaign
Claim of tapped undersea cable refuted by Kiwi PM as Kim claims extradition plot
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.