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The .bank Advantage: A Safer Online Banking Experience

Learn how Grasshopper’s .bank domain protects against phishing, fraud, and cyber threats, giving you confidence in every online interaction and ensuring a safer online banking experience.

Vince Maglione Chief Information Security Officer
August 20, 2025 Last Updated: October 27, 2025

In today’s digital age, secure online banking is more crucial than ever. With the rise of sophisticated cyber threats, it’s essential to know that your financial information is protected. That’s why at Grasshopper, we use a .bank domain — a trusted, verified space on the internet reserved specifically for financial institutions. This isn’t just a web address; it’s a commitment to providing you with the safest possible online banking environment.

What is a .bank Domain?

You’re likely familiar with common domain extensions like .com, .org, and .net. But what is a .bank domain? This is an exclusive, verified domain created specifically for the banking industry. Unlike general domains that anyone can register, the .bank domain is a gated community. 

Only financial institutions that have been rigorously verified and meet strict security requirements for domain security and online safety are granted access. This verification process is managed by fTLD Registry Services, a company dedicated to ensuring a secure and stable online environment for the financial sector.

Beyond verification, the .bank domain enforces advanced security measures by default, including stronger encryption, email authentication to fight phishing, and continuous monitoring for suspicious activity. These extra protections help ensure that when you visit a .bank website or receive an email from a .bank address, you can trust it’s legitimate and secure.

The Security Benefits of a .bank Domain

So, what makes a .bank domain more secure? The advantages are numerous and provide a multi-layered defense against online fraud:

  • Protection Against Phishing and Spoofing: Phishing attacks, where criminals use fake websites and emails to trick you into revealing personal information, are a common threat. The .bank domain security standard makes it significantly harder for fraudsters to impersonate us. Because only legitimate banks can use this domain, you can trust that a website or email ending in .bank is genuinely from Grasshopper Bank.
  • Enhanced Encryption: All .bank domains are required to implement strong encryption standards. This means that any data you exchange with our website is securely scrambled, making it unreadable to unauthorized parties.
  • Mandatory Security Protocols: The .bank domain mandates the use of advanced security measures, such as Domain Name System Security Extensions (DNSSEC). This technology helps to prevent you from being redirected to fraudulent websites, even if you accidentally click on a malicious link.
  • Clear Identification: The .bank extension serves as a visual cue, a digital seal of approval and trusted banking channel. When you see .bank in our web address and email communications, you can immediately recognize it as a trusted and secure channel.

Why Grasshopper Chose the .bank Domain 

At Grasshopper, your financial security is our top priority. Our adoption of the .bank domain is a testament to our ongoing commitment to safe digital banking protecting you from online threats. While we employ a range of security measures, including multi-factor authentication, fraud monitoring, and bank-level encryption, the .bank domain adds another powerful layer of protection.

We want you to feel confident and secure every time you interact with us online. By choosing to operate on a .bank domain, we are making it easier for you to identify and trust our digital communications, and harder for criminals to target you. It’s a clear signal that we are dedicated to providing a digital banking experience that is not only convenient and innovative but also fundamentally safe.

A Safer Online Banking Experience

The next time you visit our website or receive an email from us, take a moment to look for the .bank domain at the end of our address. It’s more than just a domain—it’s a symbol of our unwavering commitment to your security. By using a verified, tightly regulated domain, we’re helping protect you from phishing attempts, fraudulent websites, and other online threats. Every time you see “.bank,” you can feel confident that you’re interacting with the real Grasshopper Bank — a trusted partner dedicated to keeping your information safe while providing you with the seamless, secure digital banking experience you deserve.

Vince Maglione

Vincent Maglione, Chief Information Security Officer at Grasshopper Bank, has over a decade of experience in cybersecurity. He specializes in information security management, cyber threat hunting, and infrastructure protection, with notable roles at TD Bank, SageNet, and Nasdaq. Vincent excels in enhancing security measures and managing cyber risks.

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