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

Re:This idea is stupid (tld goldrush?)

[Lumpy]

not only that but the guy is so stupid he does not realize that most phishing attacks dont go to "alike" website names but whatever they can hijack.

what is proposed is as dumb as falling for a nigerian scam.