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According to https://idc-insights-community.com/financial/financial-services-technology/the-four-letter-word-that-could-change-the-busines

Banking Industry was lobbying for .bank

But as I read this http://www.uniteddomains.com/new-top-level-domain/bank-domain-registration/

Domain Security Company is a Wisconsin-based LLC that will establish .SECURE and .BANK. The company's goal is to make the Internet a safer and more secure place by employing a mix of technology and processes including industry standards for high security websites.

http://www.uniteddomains.com/service/aboutus/

For every sale you send our way, you earn a 10% commission, automatically deposited into your affiliate account. Just like our site, it's simple and easy.

I have some serious doubt that it is finally owned by banking industry but by another commercial affliate network.

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closed as off topic by Iszi, AviD Aug 4 '12 at 21:12

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I don't see the security implications of this. It sounds more like a complaint that a company might monopolise the sale of .bank domain names. –  Polynomial Aug 3 '12 at 9:16
    
if .bank is really owned by banks I would trust them as for their interest to really secure .bank if it is owned by some marketing company then security will be just ... marketing promise :) –  user310291 Aug 3 '12 at 15:11
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They're just domain names. The banks would be the same as they are today. –  Polynomial Aug 3 '12 at 15:12

1 Answer 1

This is marketing hype. The .bank domains are just like any others that require you to be a particular type of organisation (e.g. .edu or .museum) in order to buy one. There is no guarantee of security, any more than you have with your bank at the moment.

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I believe it may be possible for a tld administrative community to (try to) enforce certain restrictions and compliance. One thing I would love to see is banks (and other financial institutions) being required to use bcrypt/scrypt/PBKDF2/etc to hash passwords (uniquely-salted) before storing as well as a few other basic web-security measures (like allowing special characters in passwords, I'm looking at you, CitiBank). –  David Murdoch Aug 3 '12 at 15:37
    
That would be nice. But I have a feeling that .com is so engrained in people's minds that banks will just stick with that and continue to ignore security recommendations. –  Polynomial Aug 3 '12 at 15:55

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