Closer Look at Domain Name Transfer Policy and the Hijacking of Panix.com
From CircleID
Given the recent panix.com hijacking, I will give an outline of the current ICANN transfers process for gtlds. In the case of panix.com, evidence so far indicates that a third party that holds an account with a reseller of Melbourne IT, fraudulently initiated the transfer. The third party appears to have used stolen credit cards to establish this account and pay for the transfer. That reseller is analyzing its logs and cooperating with law enforcement. [CircleID]