Banks should learn from the XXX debacle

Banks should learn from the XXX debacle
Bringing accountability to a more risqué online neighbourhood is a good idea writes Bernhard Warner, but “directed at the wrong industry. Warner writes “a designated triple-X zone may work in the real world, but it’s foolish to think it will keep minors from gaining entry to racy websites” and that ICANN “was right to vote it down.” The years spent on this decision would have been better spent on “more pressing net governance issues such as taking on fraudsters”. Warner says “Apacs, the UK payment processing trade body, reports that 14,000 attempts to snare customers’ bank or credit card details were made using fake websites in 2006, an 800 per cent year-on-year increase.” A part of the solution – Mikko Hyppönen and F-Secure’s proposal for a .safe or .bank TLD.
http://technology.timesonline.co.uk/tol/news/tech_and_web/the_web/article1640959.ece

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