Expert Comment on .Bank Launch – is This the Safest Place for Banks on the Internet?

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The new .bank gTLD has launched today in the US and promises to offer better online security for banks and their customers.

But with the roll out of 1,400 new gTLDs, Gunter Ollmann from NCC Group comments on whether this is the safest place on the internet for banks to be.

Gunter Ollmann, CTO of NCC Group’s Domain Services division :

“For .bank, the level of security provided is crucial. Consumers need to be absolutely certain that their personal and financial details are safe.

Open generics aren’t good for businesses or customers alike unless security has been given the utmost priority.

The Technical Policy that we created for the .trust domain is a benchmark that they should be looking at. Network, web application, email, malware and DNS risks all need to be covered.”

About Gunter Ollmann
Gunter OllmannGunter Ollmann has almost three decades of experience in information security, working as an industry luminary in an array of cyber security consultancy and research roles. He is currently CTO of Domain Services at NCC Group, where he drives strategy behind NCC Group’s new gTLD, .trust; with a focus of bringing the domain to market in order to make a lasting and game-changing impact on the Internet. He was previously CTO at IOActive Inc., where he guided and incubated a portfolio of highly-specialized and boutique security services in areas such as, semiconductor security, hardware reverse engineering and hacking the “Internet of Things.” Prior to IOActive Inc., he served as CTO and Vice President of Research at Damballa, where he focused on inventing new crimeware mitigation technologies.

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