Swedish bank hit by 'biggest ever' online heist

Two take-aways from this story...

One - this wasn't an online bank heist, this was just a plain old dumb user heist.

Nordea spokesman for Sweden, Boo Ehlin, said that most of the home users affected had not been running antivirus applications on their computers.

Ehlin blamed successful social engineering for the heist, rather than any deficiencies in Nordea's security procedures.

"It is more of an information, rather than a security problem," said Ehlin. "Codes are a very important thing. Our customers have been cheated into giving out the keys to our security, which they gave in good faith."

Two - why should the bank be responsible for this? If I break into your house and steal your checkbook and/or a credit card, is the bank responsible? How is this different?

The bank has borne the brunt of the attacks and has refunded all the affected customers.