A simple, cheap method to lock down domains exists. Public company CTOs need to get on the ball.
All the perpetrators did was get a password to CheckFree’s account at Network Solutions, log in, and change the nameservers to point to another server.
This same thing could happen to other companies, and public company executives should be held liable by shareholders for not taking simple steps to prevent this. There are at least two easy solutions I’ve written about before: Fabulous’ Executive Lock and Moniker’s Portfolio MaxLock. Fabulous’ service is free; Moniker’s costs a couple hundred bucks per year. That’s a small price to pay to avoid notifying 5 million people that you screwed up.
Recent court decisions have found public company board members responsible for protecting their intellectual property. It would seem that protecting domain names — especially mission critical ones like CheckFree.com, Dell.com, Amazon.com, and ATT.com, would fall under that realm.
So here’s a wake up call to public company CEOs and CTOs: if your registrar won’t offer this added level of protection, it’s time to move your domain names.