Question: 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

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. 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?

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