Since today it is possible to talk about safe internet banks in Brazil.

Back in September 24, 2008 Brazil created a new second level domain B.BR (the usual second level domains in use in Brazil is COM.BR) only for financial institutions to allow safe transactions for almost 30 milion people that use internet banking in Brazil.

This is not a minor subject for an economy where 6.9 billion Reals move in online transactions every year, that number corresponds to 17% of the total banking transaction volume of country.



The domain name extension B.BR is allowed only for those institutions that guarantee mayor levels of protection on their online systems to avoid any virtual fraud. The new web sites under B.BR second level domain will be protected by a new identification system called DNSSEC, capable of recognizing and validating the authenticity of every web page before a user logs inside.

Whit this new domain in Brazil users will be safe about their transactions if the Bank’s web site ends with B.BR. Today some banks already are using this new safe domain. (Around 300 sites according to my latest estimation. red.) eBradesco (www.bradesco.b.br ) is a company that offers a safe web site avoiding very common frauds like phishing.

It could be very interesting that other countries would adopt this alliance between critical transactions and safe domains to protect the internet integrity as a whole.

For more information see:

http://www1.folha.uol.com.br/folha/informatica/ult124u448395.shtml

Juan Enrique Sánchez S.
President
jesanchez@nameaction.com
www.nameaction.com
Domains Latinamerica

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