Nordea - Online Theft

Online Theft

In 2007 Nordea was the subject of an online phishing scam. The amount of money involved was "between seven and eight million SEK". The theft was perpetrated by targeting Nordea customers with phishing emails containing a trojan horse, that was especially made for this robbery. Apparently these emails were sent out over a period of 15 months. According to Nordea, at least 250 people had unwittingly installed the trojan. The thieves evaded detection by limiting their transfers to small sums. Nordea has refunded all the victims and has implemented a new security system, Chip Authentication Program

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