To reduce scams that steal from people banking online, some people suggest creating a new Internet domain “bank,” available only to chartered banks. Consider the identity theft and fraud techniques we discussed in the reading.
* Which ones would this new domain help prevent?
* For which would it be ineffective?
* Overall, do you think it is a good idea? Why or why not?
For more information on Banking Online read this:https://en.wikipedia.org/wiki/Online_banking