A .BANK domain is an affordable protection against phishing, the #1 cyberattack and starting point of most breaches. Breaches and phishing hit all-time records in 2017, and 2018 is expected to be worse. With Artificial Intelligence and machine learning, bad actors are gathering more data to create increasingly convincing phishing emails, and are sending the attacks to exponentially more bank employees and customers. With the increasing volume and sophistication of these attacks, it is critical to educate all employees and customers on how to identify phishing emails and spoofed sites, so they do not accidentally click through and provide access to sensitive information for use in financial crimes, identity theft and breaches.
.BANK is your online stamp of trust, a simpler, quicker, more thorough way to educate employees and customers and protect them against cyberattacks. As a verified domain, bad actors simply cannot get a domain or email address that looks like yours to impersonate you and phish your employees and customers. In common domains (e.g., .com) it is possible for anyone to purchase a domain that looks nearly identical to yours using a variety of alphabets, misspellings, numbers in place of letters, or one that seems it could belong to your bank (e.g., [bankname]security.com). In common domains the security of your bank relies heavily on your employees’ and customers’ abilities to recognize and report these domains and emails. A .BANK domain permits you to operate in a gated community of banks, giving you a visual cue customers can recognize and a simple educational message “If it’s .BANK, it’s us.”.
1. VerificationOnly verified members of the global banking community are approved for .BANK domain names.
- Like .gov for government entities or .edu for educational institutions, now there’s .BANK, a standardized, verified domain for financial institutions.
Your customers are assured of the trustworthiness of your site when you have a .BANK domain. Online transactions and emails sent from your domain are more secure.
- Now that your customers are confident they aren’t falling victim to phishing or spoofing scams, your bank can fully engage across all online channels.
2. Domain Name IntegrityDomain Name System Security Extensions (DNSSEC) ensure that your customers are not being misdirected to malicious websites.
- .BANK creates brick and mortar location assurance for your online presence—when a customer visits your site, they are assured to be communicating and transacting with you.
3. Strong EncryptionAll .BANK domains must employ powerful encryption, ensuring strict confidentiality in all online interactions and mitigating exposure to cyber threats.
- Mandatory security compliance and monitoring let your customers conduct sensitive financial transactions and communications online without fear of having their data compromised.