Article: Domain-name abuse proliferates; rogue registrars turn a blind eye.

Byline: jeevan@cpidubai.com (Staff)

For legitimate businesses, a domain name is a way to hang a shingle in cyberspace. In the criminal world, domain names are a key part of botnet and phishing operations, and cyber-criminals are plundering domain-name registrars around the world to get them.

Criminals are amassing domain names by registering them under phony information, paying with stolen credit cards or hard-to-trace digital currencies like eGold, and breaking into legitimate domain-name accounts. To add to the problem of domain-name abuse, some rogue registrars often look the other way as the money rolls in.

"There's absolutely a big problem," says Ben Butler, ...

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