F-Secure calls for .safe domain for banks

Security supplier F-Secure has called on the organisation responsible for establishing domain names to introduce a .safe domain name exclusively for banks.

Security supplier F-Secure has called on the organisation responsible for establishing domain names to introduce a .safe domain name exclusively for banks.

The company has called on the Internet Corporation for Assigned Names and Numbers (ICANN), to introduce the domain name for use by registered banks and other financial organisations.

This would be similar to other top level domain names such as .uk and .gov. and would allow security providers to create better software to protect the public, according to F-Secure.

“While a .safe domain name won’t prevent phishing attacks, it will help banks and security providers to keep their customers safe,” said Mikko Hyppönen, chief research officer at F-Secure.

“Banks need to take on some of the responsibility for protecting their customers and using a secure domain name such as .safe will give customers the reassurance they need when banking online.”

“It’s true this will mean banks have to pay a premium to be able to use the domain name, but it will reduce the number of successful phishing sites that have been tricking many customers out of their hard earned cash,” added Hyppönen.

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