Over 90% of cyberattacks start with phishing. Banking has remained one of the most phished industries for decades, yet most banks still operate in publicly available, unrestricted domains (e.g., .com, .net). These domains enable bad actors to easily obtain lookalike domains to execute phishing and spoofing attacks that lead to breaches, ransomware, identity theft, and financial fraud.
Banks must move from easily abused domains to limit their exposure to cyberattacks.