Transfers (and Hijackings) to Become Easier

Found on Netcraft on Tuesday, 09 November 2004
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Domain names could become easier to hijack as a change in domain transfer rules takes effect Friday. Under new rules set by the Internet Corporation for Assigned Names and Numbers (ICANN), domain transfer requests will be automatically approved in five days unless they are explicitly denied by the account owner. This is a change from current procedure, in which a domain's ownership and nameservers remain unchanged if there is no response to a transfer request.

"Failure by the Registrar of Record to respond within five (5) calendar days to a notification from the Registry regarding a transfer request will result in a default 'approval' of the transfer," the new rules state. "In the event that a Transfer Contact listed in the Whois has not confirmed their request to transfer with the Registrar of Record and the Registrar of Record has not explicitly denied the transfer request, the default action will be that the Registrar of Record must allow the transfer to proceed."

Hmm... I should quickly make a list of valueable domains, grab them and sell them back to the original owners. No need for phishing, spam and scams anymore: just transfer domains legally and sell them. Make money easily from home.