.BANK was created as a verified, gated and more secure place on the internet for banking. .BANK is safe because bad actors cannot get lookalike domains to perpetrate business email compromise (BEC), phishing and spoofing attacks that lead to breaches, identity theft and financial fraud. The COVID-19 crisis has amplified the need for this additional layer of cybersecurity, as bad actors are drastically ramping up attacks to take advantage of the chaos, remote workers, increased B2C email and the general public’s anxiety about health and personal finances.
The articles linked below highlight the many ways bad actors are using COVID-19 to attack the banking industry, community banks in particular. Your .BANK domain authenticates your email and website to employees, vendors and customers, greatly reducing the likelihood of them falling victim to these cyberattacks, now and beyond COVID-19.
Texas Banking Magazine
Cybercriminals and Coronavirus
Banks Issue Warning about COVID-19 Scam Attempts
Business & Industry (UK)
How Criminals are Getting Our Information
Wall Street Journal
Coronavirus Cybersecurity Fallout Might Not Be Felt for Weeks or Longer
Phishing Scams Jump More than 600%
How COVID-19 is Proving the Catalyst for Digital Transformation