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On this episode of the ABA Fraudcast, we dive into how the Internet works — and why it’s so easy for criminals to create fake bank websites. We’ll explore how these sites get taken down and what banks can do to combat this growing threat. Our guest, Craig Schwartz of fTLD Registry Services, breaks down the key differences between traditional .com domains and the more secure .bank domain — a top-level domain created by a consortium led by the American Bankers Association and other partners specifically to reduce fraud. Schwartz explains the rigorous security measures behind .bank, including a comprehensive vetting process that keeps bad actors out and ongoing verification to maintain trust. Want to learn more about the benefits of .bank? Visit aba.com/dotbank.
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On this episode of the ABA Fraudcast, we dive into how the Internet works — and why it’s so easy for criminals to create fake bank websites. We’ll explore how these sites get taken down and what banks can do to combat this growing threat. Our guest, Craig Schwartz of fTLD Registry Services, breaks down the key differences between traditional .com domains and the more secure .bank domain — a top-level domain created by a consortium led by the American Bankers Association and other partners specifically to reduce fraud. Schwartz explains the rigorous security measures behind .bank, including a comprehensive vetting process that keeps bad actors out and ongoing verification to maintain trust. Want to learn more about the benefits of .bank? Visit aba.com/dotbank.
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