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Escrow.com Statement on “Security Incident”

Yesterday evening, I received a text message from a colleague asking me if I had seen the Escrow.com website. I had opened a transaction a few hours earlier, and I did not notice any issues on the site. I did a hard refresh, and I saw that the homepage had been seemingly taken down and there was a message in plain text across the top of the website. I reached out to Escrow.com and was told they were working to resolve the issue, and that it did not involve any unauthorized access to internal data.

I visited Escrow.com this morning, and it appears that the website is up and running. I followed up with a couple of emails this morning asking for more details about what happened and if any internal data or account information was compromised. Jackson Elsegood, General Manager of Escrow.com, just replied to me with a link to a statement about the issue from Freelancer.com CEO Matt Barre (Freelancer.com owns Escrow.com):

Sedo and InterNetX to Host Global Domain Report Webinar

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Earlier this year, Sedo and InterNetX published their 2019 Global Domain Report, which includes domain name sales data, trend reports, and other insight into the domain name aftermarket. On Thursday (April 2, 2020) at 11 AM Eastern, Sedo and InterNetX will be hosting a free webinar to discuss the findings from this report:

What Are You Doing About Leases and Payment Plans?

As things continue to develop, the unemployment rate will likely increase, making it difficult for people to pay critical bills like mortgage payments. While domain name lease payments and domain name payment plans are probably not considered “critical bills,” I think people will find deal partners asking to restructure payment plans or asking to put them on hold. People may also opt to forego lease payments or payment plan payments. I am interested in knowing how domain investors will respond.

The way I see it, domain investors who have ongoing leases or payment plans will have three options if the counter party can not pay on time or asks for some sort of lease forgiveness:

Kabbage Acquires PaycheckProtection.com

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As part of the CARES Act passed into law in the United States, some small businesses will be eligible for Paycheck Protection Loans as part of the Paycheck Protection Program. From the little I understand about the program, US-based small business owners can apply for a Paycheck Protection Loan through participating lenders, and the loan will cover payroll and various expenses for a set period of time.

Thank You to Those Who Are Helping Others

There are thousands of people from throughout the world who invest in domain names. The majority of these people consider their domain investments to be a hobby rather than a full time profession. Domain investors work in various fields and professions, and there are many investors who are helping others as the coronavirus outbreak expands.

Among the domain investors ranks, I know there are doctors, nurses, fire fighters, police officers, members of the armed services, paramedics, scientists, farmers, grocery store employees, drivers, sanitation employees, janitors, hospital administrators, and many other professions who are on the front lines helping people heal or helping people survive.

To those who are helping others – Thank You. Your efforts are appreciated. If there is something I can do to help you or your family, please let me know. Stay healthy and be well.

Thank You!

All Websites on .ZA ccTLD Need to Link to SA Coronavirus Website

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The ccTLD domain extension for South Africa is .ZA, and it looks like many businesses uses the .CO.ZA extension for their websites. It looks like the South African government is now requiring all websites that use the .ZA ccTLD extension to provide a link to the country’s Covid-19 coronavirus website on their homepage. The South African government’s COVID-19 website can be found by visiting SACoronavirus.co.za.

You can see this requirement was publicized on the official Twitter page of The Presidency of the Republic of South Africa:

Recent Posts

Escrow.com Statement on “Security Incident”

7
Yesterday evening, I received a text message from a colleague asking me if I had seen the Escrow.com website. I had opened a transaction...

Sedo and InterNetX to Host Global Domain Report Webinar

0
Earlier this year, Sedo and InterNetX published their 2019 Global Domain Report, which includes domain name sales data, trend reports, and other insight into...

What Are You Doing About Leases and Payment Plans?

2
As things continue to develop, the unemployment rate will likely increase, making it difficult for people to pay critical bills like mortgage payments. While...

Kabbage Acquires PaycheckProtection.com

1
As part of the CARES Act passed into law in the United States, some small businesses will be eligible for Paycheck Protection Loans as...

Thank You to Those Who Are Helping Others

2
There are thousands of people from throughout the world who invest in domain names. The majority of these people consider their domain investments to...