With cybercrime costing the finance sector an estimated $2.5B last year, firms are buying new...

|By:, SA News Editor

With cybercrime costing the finance sector an estimated $2.5B last year, firms are buying new Internet domain suffixes as part of their attempts to prevent scammers deceiving customers into giving them their confidential details with bogus Web sites that look authentic. The new suffixes include dot-citi (C), dot-bofa (BAC) and dot-barclays (BCS), with COF, JPM and American Express (AXP) also buying addresses.