Feeds

Domain resale market a 'haven' for phishers

The lure of filthy lucre

SANS - Survey on application security programs

Domain names likely to appeal to fraudsters are up for grabs on domain resale sites.

Firms such as Sedo and Moniker specialise in the sale of domain names that have already been registered and are now being resold in the secondary (or aftermarket) for domain names. Most domain names are sold for a few hundred or thousand dollars (as opposed to an original registration price of $10 or so) while particularly attractive domains - such as hell.com - can fetch six figure sums.

However, Finish security firm F-Secure has discovered that alongside the sale of such innocuous domains as filmlist.com comes the resale of domains that obviously belong to banks or other financial institutions. Sedo.com, for example, is reselling domains like chasebank-online.com, citi-bank.com and bankofameriuca.com. "Why would anybody want to buy these domains unless they are the bank themselves - or a phishing scammer?", F-Secure asks. The firm lists around 30 examples in a posting on its blog here.

F-Secure also found out that Sedo.com was reselling accented domain names that have been created using letters "á" and "í" instead of the normal "a" or "i" to create highly deceptive domain names like vísa.com, pàypal.com and paypàl.com. "Domain name resellers should filter out obvious phishing site names," it said.

Sedo told TechWeb that it had a process for pulling domain names but because of the sheer volume of domains on sale through its site it relied on trademark holders to notify it of potential problems. "We have more than six million domains for sale," said Jeremiah Johnston, Sedo's general counsel. "It's impossible for us to proactively filter sales." ®

High performance access to file storage

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.