funsec mailing list archives

Re: Nordea Sweden shuts Internet banking due to targeted phishing


From: Florian Weimer <fw () deneb enyo de>
Date: Wed, 05 Oct 2005 11:29:48 +0200

* Blue Boar:

The fundamental problem is that people can be tricked into going to
a web site that looks like something they use, and putting in their
creds.

I suggest you look at what "phishing" means in other countries, and
you'll soon see that this web site thing is way overrated.

Hint: Over here, we already have one-time passwords and two-factor
authentication.  But we still face a considerable amount of Internet
banking fraud.  Of course, you can ignore our experience...
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