Categories: Techno

$1 domain helps hackers steal millions of dollars

New domain zones «.top» and «.shop» are increasingly becoming a platform for cybercrime. According to research Interisle Consulting Group, despite the fact that such domains occupy only 11% of the market, they are used in 37% of fraud cases. This significantly exceeds the share of traditional domains «.com», «.net» and «.org».

The reason for such popularity among criminals is the low cost and ease of registration. Some of the new domains cost less than one dollar, while the cheapest domain «.com» is valued at a minimum of $ 5.91. This creates ideal conditions for phishing attacks and the creation of fake websites.

Over the past year, the number of domains used for attacks has increased by 81%, exceeding 8.6 million. Of these, 2.6 million were registered wholesale, which is 106% more than in the previous period. In general, the number of phishing attacks increased by 40%.

To combat these threats, experts propose a number of measures, including strengthening checks for domain registration, limiting the number of available subdomains and using automated systems to detect suspicious resources. It is also recommended to introduce programs for quickly blocking criminal sites and punish hosting providers that facilitate criminals.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

Share
Published by
Natasha Kumar

Recent Posts

The new iPad Air will receive an M3 processor

It was previously speculated that Apple could equip the new iPad Air with an M4…

2 hours ago

Oppo Find N5 will be the world's first foldable waterproof smartphone

Oppo is set to launch its new foldable smartphone, the Oppo Find N5, next month.…

2 hours ago

Cryptocurrency scams on Telegram messenger outnumber traditional phishing attacks

The number of malware scams targeting crypto investors on Telegram has increased dramatically, outpacing traditional…

3 hours ago

First the digital twin. Will VIM technologies become mandatory in Ukraine?

Ukraine is studying the possibility of adapting the experience of leading European countries in the…

3 hours ago

Fraudsters send “gifts” and “parcels”: Ternopil woman becomes victim

A resident of Ternopil fell into a fraudulent scheme. The woman lost 145,000 hryvnias. «It…

5 hours ago

Facebook, X, YouTube agree on new rules to combat hate speech in the EU

Facebook, X, YouTube and other tech companies have joined the updated EU code of conduct…

5 hours ago