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  Security Software Zone » Software Reviews » General Security » Large Enterprises Plagued by Suspicious Domain Registrations Reported by Cyveillance

Large Enterprises Plagued by Suspicious Domain Registrations Reported by Cyveillance

Category: General Security
Published: 03/31/2008, 16:45  
Editor: Catalin Buda
 
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The world leader in cyber intelligence, Cyveillance, announced today the release of Cyveillance Domain Manager(TM), a comprehensive domain management system that enables users to centrally manage and monitor security threats posed by third-party domain registrations. Significantly reducing the costs related to tracking domain name churn, which results in the re-registering of over 1 million suspicious domain names everyday, Cyveillance Domain Manager tracks the full life cycle of each potentially fraudulent domain.

Domain name churn is enabled by an ICANN policy loophole that allows third parties, particularly registrars, to register a domain name and then return or "drop" it for free within five days of the initial registration. This allows domain name abusers to test the domain name to determine how much traffic the name generates without making a financial commitment, a process often referred to as "domain tasting". The five day grace period results in significant volumes of domain names being registered, returned, and then re-registered again.

The average large enterprise, according to Cyveillance, is plagued by more than 5,000 suspicious domain registrations targeting their master brand each year.
This can mean tens of thousands of suspicious domain registrations each year, for companies managing multiple brands. This has required, to date,  security professionals and brand holders to manually track each new domain registration to determine whether the domain name gets returned or used on a malicious site. This very manual and labor intensive process can cost enterprises hundreds of lost man hours each year.

Automatically isolating high risk registrations and providing ongoing monitoring to alert organizations when a domain gets used on a live malicious Web site, Cyveillance Domain Manager is designed to classify new domain registrations. Allowing organizations to focus resources on the highest impact brand offenses, it greatly reduces the need for companies to monitor benign domain names that pose a low security risk.

CEO of Cyveillance, Panos Anastassiadis, said: "The current domain registration environment enables criminals, pirates and unscrupulous advertisers to leverage a large number of domains without incurring any financial risk". "The resulting churn in domain names places a significant enforcement burden on enterprises. Cyveillance Domain Manager provides our customers with an automated solution that allows them to more accurately prioritize their enforcement efforts on the domains that pose the most significant risk; greatly reducing the resources, time and expense of fighting fraudulent domains."

Protecting both brand reputation and customer trust while lowering enforcement costs, Cyveillance Domain Manager is an integrated component of Cyveillance Intelligence Center(TM). The Cyveillance Intelligence Center, designed specifically to address constantly evolving threats on the Internet, is a unique, patented technology platform that allows stakeholders across the enterprise to proactively manage and mitigate online security threats.
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