Pub. 3 2015 Issue 1
Issue 1. 2015 23 What is an "expression of interest?" Similar to "pre-registration," an "expression of interest" does not guarantee a domain name. There are companies that will falsely claim to give you priority registration. The only registrations that will take place before General Availability will occur during the Sunrise and Founders periods. Once I register our .BANK domain, do I immediately need to stop using my current domain name? No. You can continue using your current domain. If you plan to activate your .BANK domain, you can use the .BANK Transition Guide to help you plan the use of your .BANK domain. You may also want to consider initiating a plan for your transition to your .BANK domain as soon as you know what new .BANK domain you will be using. The Guide is currently under development and will be available soon. Once the Guide is available, you should have the information you need to plan the details for using your .BANK domain. How does my organization transition our website and other services to our .BANK domain? Although there are additional steps to using your .BANK domain for your website, email and other services, there are specific steps that need to be taken to complete the process for each service. fTLD is developing a .BANK Transition Guide that will provide information about these steps that are needed to take advantage of the protected, trusted, more secure and easily identifiable envi- ronment provided with a .BANK domain. Your registrar or core service provider may already be working with you to develop a transition plan addressing the tasks identi- fied in the Guide. If not, contact them to see how they can assist your transition or contact fTLD@fTLD.com if you have addi- tional questions. What are the enhanced Security Requirements in .BANK? fTLD requires compliance with a set of requirements that are not currently mandated by the operators of other commercially available gTLDs, including: • Mandatory Verification of Charter/Licensure for Regulated Entities ensures that only legitimate members of the global banking community are awarded domain names. • Mandatory Re-verification of Registration Data every two years or at domain renewal, whichever comes first, ensures ongoing eligibility for domain names. • Domain Name System Security Extensions (DNSSEC) en- sures that Internet users are landing on participants' actual websites and not being misdirected to malicious ones. fTLD will require that all domain levels, from fTLD as the top-lev- el registry operator to your entity as the registrant, utilize DNSSEC for domains that resolve on the Internet. • Email Authentication to mitigate spoofing, phishing, and other malicious activities propagated through emails to unsuspecting users. • Multi-Factor Authentication to ensure that any change to registration data is made only by authorized users of the registered entity. • Enhanced Encryption to ensure security of communication over the Internet to prevent eavesdropping, data tampering, etc. • Prohibition of Proxy/Privacy Registration Services to ensure full disclosure of domain registration information so bad actors cannot hide. Who is responsible for enforcing the enhanced Security Re- quirements and Policies in .BANK? fTLD and in some cases its Registry Service Provider, Verisign, will be responsible for monitoring compliance with the relevant requirements. Registrars will play a role in enforcement as they have the direct relationship with the registrant. fTLD always retains the right to take action if the registrar fails to do so. What is gTLD? gTLD - or generic top-level domain - refers to the letters to the right of the dot at the end of a web address. Common gTLDs are .COM, .ORG, .NET What is fTLD? fTLD Registry Services, LLC was formed in 2011 by a coalition of banks, insurance companies and financial services trade associ- ations from around the world. In 2012, fTLD submitted commu- nity-based applications to the Internet Corporation for Assigned Names and Numbers (ICANN) for the .BANK and .INSUR- ANCE gTLDs. fTLD was granted the right to operate .BANK on September 25, 2014, and its application for .INSURANCE is in the contracting phase with ICANN. What is ICANN? The Internet Corporation for Assigned Names and Numbers, or ICANN, is an oversight body responsible for the stability and unification of the Internet. Its key responsibilities include policy development for existing and new generic Top-Level Domains (gTLDs). In June 2011, ICANN's board of directors authorized the launch of the New gTLD Program. The program's goals in- clude enhancing competition and consumer choice, and enabling the benefits of innovation via the introduction of new gTLDs. .BANK Timeline Sunrise Period May 18 - June 16, 2015 Only trademark holders who have registered their bank’s trade- mark with ICANN’s Trademark Clearinghouse may purchase domains during the sunrise period. For more information about the Trademark Clearinghouse, see our FAQs. Founders Period June 17 - June 23, 2015 Founding members of fTLD can register domains. General Availability June 24, 2015 – Ongoing Only verified members of the banking community will be eligible for a .BANK domain. Domains will be assigned on a first-come, first-served basis. n For more information on .bank, visit aba.com/dotbank or contact ABA’s Doug Johnson at djohnson@aba.com or 1-800-BANKERS, ext. 5059 or Sam Lisker at slicker@aba.com or 1-800-BANKERS, ext. 5581
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