Financial Times FT.com

Security matters: The almost perfect bank heist

Arjen de Landgraaf

Published: March 14 2007 09:35 | Last updated: March 14 2007 09:35

Under the old order, big-shot criminals robbed banks, while muggers robbed customers. Now, the big-shots have no need to rob the bank: they can rob customers digitally, individually and en masse.

The crime is called phishing and is the near-perfect internet bank heist.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this