.BANK domain could put an end to scam bank websites

[Digital Pandit]

I was talking with a friend last week about a scam website that had tricked him into thinking he was signing up for a bank account, when really scammers were stealing confidential information like his social security number. He trusted the website because it was on a .COM and had a valid SSL Certificate so seemed legitimate. Now he’s going through the nightmarish process of safeguarding against identity theft.

Unfortunately this kind of thing happens all the time, and while yes, as consumers we should do our research, scammers are getting more sophisticated every day.

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