The Bankers’ Association is having another go at setting up a “bank.nz” second-level internet domain to mitigate the problem of phishing scams in the banking sector.
Previous phishing attacks in New Zealand have often depended on fake domain names, such as “bankdlrect.co.nz”. If all genuine bank domains were in the “name.bank.nz” form and this domain was “moderated”, so only genuine banks could use it, the phishing risk would be greatly reduced, although not completely eliminated, says Bankers’ Association chief executive Alan Yates.
The association first suggested a second-level domain to be set up back in 2002, but the proposal failed to attract sufficient votes from the internet-using community, as represented by InternetNZ.
This time round, the voting procedure is different, with individual submissions for or against the proposal being requested.
The domain-name application was put up on the Domain Name Commissioner’s website last Tuesday and one favourable submission had been made by our deadline.