Fergie's Tech Blog

The Netherlands: ABN Amro Compensates Customers for Phishing Loss

Fiona Raisbeck writes on SC Magazine Online:

Dutch bank ABN Amro has paid compensation to four of its customers following a phishing attack that stole money from their accounts.

The phishers sent an email to the bank’s clients along with a malicious attachment, which once opened installed malware on to the user’s computer, according to reports.

The malicious software modified the customer’s browser settings and directed them to a spoofed website whenever they tried to access their accounts online.

Once installed, the hackers used the spyware to collate banking login details and passwords, which they then used on the legitimate banking website to access the accounts and steal the money.

posted by Fergie @ 4/03/2007 12:36:00 PM