Last Friday, Sedo informed its parking customers about a malicious Distributed Denial of Service (DDoS) attack the company was facing, which impacted its parked domain names. Apparently, Sedo techs were able to alleviate most of the affects of the attack within a few hours.
This morning, the company provided an update to SedoPro customers informing them that the company has “not been monetizing optimally since that day.” In light of this, the company wants to inform customers that they aren’t going to lose money as a result of this attack and stated, “we will be compensating you for the parking decrease, should you be affected by it.” Details about how this will be done have not been released yet.
I don’t park domain names with Sedo, so I am not exactly sure how much of an impact the DDoS has had on parking, but hopefully the company will make everyone whole. More information about this will be provided when I hear more.
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For many people throughout the world, the past few years have caused quite a bit of economic hardship. In concert with the world economy, the domain market took a tumble towards the middle or end of 2008, and it hasn’t yet fully recovered. Domain names have been selling, but the prices haven’t been nearly as heddy as 2006-07.