"Many Global 2000 Companies Lack Proper Domain Security"

CSC released its third annual Domain Security Report, which discovered that three out of every four Forbes Global 2000 companies have not implemented key domain security measures, leaving them vulnerable to security threats. These businesses have only implemented about half of all domain security measures. Furthermore, lookalike domains are also targeting those businesses, with 75 percent of homoglyph registrations going to unrelated third parties. As a result, many of the world's largest brands are dealing with maliciously registered domains that resemble their brands. These fake domain registrations aim to exploit the targeted brand's trust to launch phishing attacks or other forms of digital brand abuse or Intellectual Property (IP) infringement, resulting in revenue loss, traffic diversion, and a diminished brand reputation. Phishers and malicious third parties can use many domain spoofing tactics and permutations, including homoglyph domains. A domain security score of "0" was assigned to 137 businesses (6.8 percent). Companies that do not implement any of the recommended domain security measures are vulnerable to a wide range of attacks, including but not limited to domain and Domain Name System (DNS) hijacking attacks, network and data breaches, phishing and ransomware attacks, and Business Email Compromise (BEC). This article continues to discuss key findings from CSC's third annual Domain Security Report.

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