A Foolproof Way To End Bank Account Phishing?

tcd004 writes "F-Secure's Mikko Hypponen proposes an elegant solution to the problem of bank account phishing in the latest Foreign Policy magazine. Hypponen thinks banks should have exclusive use of a new top-level domain: .bank. 'Registering new domains under such a top-level domain could then be restricted to bona fide financial organizations. And the price for the domain wouldn't be just a few dollars: it could be something like $50,000 — making it prohibitively expensive to most copycats. Banks would love this. They would move their existing online banks under a more secure domain in no time."

Comments

Ha

[EvanED]

A Foolproof Way To End Bank Account Phishing?

Anyone who thinks this is underestimating the ingenuity of fools.

Re:Foolproof system

[Trailer Trash]

Or, as I always say, "make something foolproof and they'll make a better fool."

http :// www.my.bank@127.0.0.1/

[Spazmania]

http :// www.my.bank@127.0.0.1/steal/my/info.html

'nuff said.