Feeds

Domain resale market a 'haven' for phishers

The lure of filthy lucre

High performance access to file storage

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
Parent gabfest Mumsnet hit by SSL bug: My heart bleeds, grins hacker
Natter-board tells middle-class Britain to purée its passwords
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
OpenSSL Heartbleed: Bloody nose for open-source bleeding hearts
Bloke behind the cockup says not enough people are helping crucial crypto project
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
Experian subsidiary faces MEGA-PROBE for 'selling consumer data to fraudster'
US attorneys general roll up sleeves, snap on gloves
NSA denies it knew about and USED Heartbleed encryption flaw for TWO YEARS
Agency forgets it exists to protect communications, not just spy on them
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
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.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.