funsec mailing list archives

Re: Nordea Sweden shuts Internet banking due to targeted phishing


From: Dan Kaminsky <dan () doxpara com>
Date: Tue, 04 Oct 2005 16:31:58 -0700

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.

Tick tock.

--Dan

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