5th August 2015

The first Ukrianian bank that has registered ".bank" Internet domain

PrivatBank has become the first Ukrainian bank to register a new ".bank" domain, which are allocated specially for financial institutions around the world. Bank websites with ".bank" domain names will be provided with higher security regulations, which make sites more protected against cyber-crime.

"The new name of our bank site will run alongside the usual privatbank.ua, providing more security and reliability, - says PrivatBank Marketing Director Sergii Danilenko. - For example, the specified area can help more effectively fight against phishing, i.e. mailing fake links to bank websites".

The ".bank" domain, introduced at the end of June 2015 on the initiative of the American Bankers Association, is a specialised designation designed only for banks and other financial institutions. Additional security measures in this area will help to considerably restrict cybersquatting and using website names that are similar to official ones by trolls. The requirements of anti-wire tap encryption will help to prevent unauthorised eavesdropping and data tampering as well.

The world's first financial institution to register its ".bank" domain name was American City National Bank.

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