Identity Theft: Will bank customers be held liable?
In 2007 the Swedish Bank, Nordea was stung for $1.1 million, in the “biggest ever” online bank heist. 250 bank customers were affected by the fraud after falling victim to phishing e-mails. The e-mail contained a trojan horse that redirected customers to a false home page where they entered important login information. Most of the customers affected had not been running antivirus applications on their computers. The bank covered the attacks and refunded all the affected customers. In 2009 Credit Union Customers received text messages notifying them that their debit cards had been inactivated. The message gave a number to call to reactivate the cardRead More →