PALM BEACH, FL - The growth of new generic top-level domains (gTLDs) is reshaping the domain name industry, introducing a wave of innovation and diversification that challenges the long-standing dominance of traditional gTLDs like .COM and .NET. This transformation is not just technical but represents a fundamental shift in how businesses and individuals approach their digital identities. Expansion of the Domain Name System The introduction of new gTLDs stems from … [Read more...]
How ADA Tax Credits Can Reduce Small Business Expenses of Website Accessibility
WASHINGTON, D.C. – According to the Bureau of Internet Accessibility, tax credits may be available for small businesses that take steps to improve their websites’ accessibility. These credits can help offset the costs of making digital content and online services accessible to individuals with disabilities, aligning with the Americans with Disabilities Act (ADA) and the Web Content Accessibility Guidelines (WCAG). Understanding the ADA Tax Credit The ADA provides … [Read more...]
Near Identical Domain Used To Scam Over $800,000 With Wire For Real Estate Deal
AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
FBI Shutdown Prolific Ransomware Group “Radar/Dispossessor,” Domains Seized
WASHINGTON, D.C. - The FBI has announced they have shut down a prolific ransomware group known as “Radar/Dispossessor” and seized multiple internet domains and servers utilized by the cyber threat actors, reportedly headed up by an individual known by the code-name “Brain.” As part of the FBI’s enforcement actions, they have dismantled a plethora of servers utilized by Radar/Dispossessor to carry out their ransomware attacks, including three in the United States, … [Read more...]
49 Million Customers Data Affected After Dell Technologies Data Breach
ROUND ROCK, TX - A security incident has come to light, prompting concerns among users. Dell Technologies, a prominent player in the tech industry, disclosed a data breach affecting a substantial number of customers, totaling 49 million. While the breach does not involve sensitive financial or payment data, it nonetheless exposes personal information, including full names, cities, postal codes, and purchase details. Despite seeming innocuous, this data can be exploited by … [Read more...]
Omni Hotels & Resorts Suffers Breach, Potentially Impacting Millions
DALLAS, TX - Last month, Omni Hotels & Resorts, a prominent hotel chain, experienced a cybersecurity breach that resulted in the theft of customer information. In an update on their website, Omni confirmed that the stolen data includes customer names, email addresses, postal addresses, and guest loyalty program information. However, financial information and Social Security numbers were not compromised. The breach was detected on March 29, prompting Omni to shut down … [Read more...]
Scammers Sending Emails from Spoofed Authoritative Domains Via Forwarding Flaws
LA JOLLA, CA - According to research conducted by the University of California San Diego, due to flaws inherent in the process of forwarding emails, the ability for scammers and attackers to send unsuspecting victims e-mails from the spoofed addresses of top-level government or corporate domains is actually much easier than many experts were initially suspecting, opening up disturbingly new and effective avenues for online fraud. The integrity of emails sent from … [Read more...]
Like A Dollar And A Dream, 4-Letter Domain “NFTS.com” Sells for Cool $15 Million Dollars
PALM BEACH, FL - A four-letter “.com” domain name has been purchased for the staggering price of $15 million dollars. NFTS.com was first registered approximately 18 years ago, likely for $10.00 or $20.00. Who knew that the letters “NFTS” would become a four-letter acronym for “non-fungible tokens,” - unique cryptographic tokens? Four letter domains, often referred to as "LLLL" domains, are relatively scarce. There are roughly 457,000 possible four-letter combinations and … [Read more...]
Domain Name Registrar Epik Feels It’s Being Deplatformed After PayPal Cuts Ties
SAMMAMISH, WA - After online payments system PayPal stopped offering services to Epik, the domain name registrar company says it’s being targeted on political grounds and not what Paypal has said to be a financial basis. A number of open letters have been posted by Epik responding to the issue, and the company cited that 'service risk' was the reason PayPal gave over the withdrawal of Epik’s support. While PayPal says it regrets the decision and the inconvenience caused … [Read more...]
It’s National Cybersecurity Awareness Month; Stay Safe With Simple Online Tips
PALM BEACH, FL –The Attorney General of the State of Florida, Ashley Moody has issued a Consumer Alert in recognition of National Cyber-security Awareness Month. The video details some simple steps consumers can take to help avoid becoming a victim of various security threats and online scams such as those which target Internet users with tech support, malware, phishing and ransomware. Today more than ever, our daily lives are dependent on the internet. While advances … [Read more...]
Web Address Sells for $30 Million in Cash; Represents ‘Extraordinary’ Investment
PALM BEACH – A company which many ordinary people (non-industry) have probably never heard of called “MicroStrategy Incorporated” has announced it has sold an Internet web address, Voice.com for $30,000,000.00 in cash. As you can see, that’s a lot of zero’s in that number and represents what many who invest and trade in Internet domain names likely find so exhilarating about it. For those who are not that savvy when it comes to Internet domain names, this a “website … [Read more...]
Will JP Morgan’s Launch of Cryptocurrency Further Squeeze Domain Name Sales?
NEW YORK, NY – It’s been a very interesting few years recently hasn’t it? As if there weren’t enough reasons for your typical domain name investor to diversify his online bets, here comes another big one. Financial powerhouse JP Morgan Chase has announced it will be launching its own cryptocurrency called "JPM Coin" with a fixed rate value of $1. The move solidifies a [sort of] ‘questionable’ industry with instant validity in my opinion as JP Morgan acts as the first major … [Read more...]
Phishing: Watch-out for New Dangerous Godaddy Email Phishing Attempt
NEW YORK, NY - This is just a quick reminder to remain vigilant of all sorts of threats from hackers, email-spoofers, phishers and scammers; you can never let your guard down these days when it comes to your accounts, financial information and especially your domain accounts, because loss of your domain name can be loss of your business and will likely be permanent. Just this week news broke about an Equifax hack that hit credit histories of up to 143 million … [Read more...]
How To Build an $8.7M Business Capturing Just 1% of the Marketplace or Competition
NEW YORK, NY - According to a financial statement uncovered by Domain investor, George Kirikos, the Cars.com web site address was recently valued at a staggering $872,320,000. If you were ever going to try and mimic a successful online business model, this could be a fantastic place to start (The entire business itself was valued at $2.5 Billion Dollars). Think about it like this, if you could make a business that was valued at, or worth, even just a tiny, tiny, percentage … [Read more...]
Making Their Mark: “Big Brands” Invest Hundreds of Millions on .Dot Alternatives
NEW YORK, NY - Regardless of what your position is on new gTLD domains "Big Brands" are buying in hook, line and sinker while ICANN is raking in hundreds of millions of dollars on new gTLD fees. Each new application cost its applicant $185,000.00 and with it, an annual maintenance fee of $24,000.00 (yearly recurring). This doesn't include potentially hundreds of generic domains that were applied for and went to auction (I didn't count each one [Full statistics here] … [Read more...]