Finnish law enforcement officials arrested seventeen individuals in connection with an attack against Nordea Finland’s online banking services that took place in early 2010, according to a report from Softpedia.
The group allegedly used a variant of the Gozi Trojan, also known as Papras, to pilfer banking credentials from 89 of Nordea’s customers. That information was then used to carry out over 100 fraudulent transactions at an estimated value of €1.2 million ($1.7 million) according to the report.
Two Estonians, alleged to be the master-minds behind the operation, remain in custody and stand accused of aggravated fraud. The remaining fifteen Finnish individuals have been released on bail, but are accused of money-laundering after acting as money-mules in the scam.
Nordea managed to recover that majority of the money stolen, but €178,000 ($255,000) was lost.