Bank loses $1.1m to online fraud

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. BBC NEWS | Business | Bank loses $1.1m to online fraud

Linked by shanmuga Friday, 19th January 2007 11:24PM