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security Symantec to Provide Security for .bank an .insurance

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fTLD Registry Services, an entity originally formed by The Financial Services Roundtable and the American Bankers Association to secure top-level domains for the banking and insurance industries, has contracted Symantec to provide verification for the newly created .bank and .insurance web domains.
The security firm will work to prevent malicious third parties from buying domain names with those financially-related suffixes to trick customers into providing sensitive information, as well as the annoying, generally illegal act of holding popular domain names ransom for large sums of money by "verifying the eligibility of companies requesting domain names, making sure the person requesting the domain name is authorized by the company and ensuring the name requested by the company complies with fTLD's policies." Symantec will also provide secure socket layer (SSL) certification support, a form of encryption.
Full Article: http://www.americanbanker.com/news/...ovide-security-for-bank-domain-1071549-1.html
 
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