Yesterday morning, I wrote about the need for GoDaddy to add 2 factor authentication (2FA) at Afternic to enhance account security. While we are discussing account security, I also think it is important for Escrow.com to offer its customers a form of 2FA for account logins.
The potential security issues at Escrow.com and Afternic are different, but the ramifications are serious on both platforms. If someone would gain access to my Escrow.com account via the password, they would have access to all of my domain name sales and acquisitions that have been transacted via Escrow.com. Similarly, if someone gains access to a domain broker’s Escrow.com account, they would have access to client domain name sales data.