This was posted on Slashdot and some have suggested that it's complete bollocks and comes from a very wrong article.
They say it is only for registrar transfers that remain under the same owner. So if you decide to move your domain name from NetSol to GoDaddy. They also point out that what it really means is that NetSol (largest domain name company) won't be able to drag their heels when you ask them to transfer you to GoDaddy or another domain name. I'm not going to suggest either is right, as I'm not clued up enough on it all, but as an experienced Slashdot reader, no one seems to be arguing well with the "it's crap" opinions. http://yro.slashdot.org/yro/04/11/10/0425218.shtml?tid=95&tid=17 Hen On Wed, 10 Nov 2004, Brian O'Neal wrote: > TAKEN (without permission) from Netcraft.com > > > Domain names could become easier to hijack as a change in domain > transfer rules takes effect Friday. Under new rules set by the > Internet Corporation for Assigned Names and Numbers (ICANN), domain > transfer requests will be automatically approved in five days unless > they are explicitly denied by the account owner. This is a change from > current procedure, in which a domain's ownership and nameservers > remain unchanged if there is no response to a transfer request. > > This could mean trouble for domain owners who don't closely manage > their records. Domains with incorrect e-mail addresses and outdated > administrative contact information are at particular risk, as the > domain's WHOIS database information will be used to inform domain > owners of transfer requests. A non-response becomes the equivalent of > answering "yes" to a transfer request, according to the ICANN policy > change. > > "Failure by the Registrar of Record to respond within five (5) > calendar days to a notification from the Registry regarding a transfer > request will result in a default 'approval' of the transfer," the new > rules state. "In the event that a Transfer Contact listed in the Whois > has not confirmed their request to transfer with the Registrar of > Record and the Registrar of Record has not explicitly denied the > transfer request, the default action will be that the Registrar of > Record must allow the transfer to proceed." > > As the deadline for the change approaches, domain registrars are > contacting domain owners and insisting that they update domain records > to avoid unwanted changes. "From November 8-10, we are sending an > email to all domain customers informing you of a new domain transfer > policy, enforced by ICANN," Go Daddy told its users. "This policy > dictates that we must honor any transfer requests, even if you do not > personally confirm them. To prevent unauthorized transfers, lock your > domains." There are reports of other registrars providing stern > warnings to customers about the need to update their details within > five days, perhaps to establish which domains may have outdated info. > > Domains have become valuable business assets, yet are often loosely > managed by business owners, who neglect to update their WHOIS > information following changes in staff or e-mail addresses. Companies > that have let critical domains lapse include The Washingon Post, the > Gawker weblog and perhaps the most embarassing gaffe yet, the UK > domain for Ogilvy Mather. > > ICANN appears to be anticipating a spike in disputes, and today > announced appointments to manage its domain dispute resolution policy. > > BrianO'Neal > > > | The next meeting of the Louisville Computer Society will > | be November 23. The LCS Web page is <http://www.kymac.org>. > | List posting address: <mailto:macgroup at erdos.math.louisville.edu> > | List Web page: <http://erdos.math.louisville.edu/macgroup> > | The next meeting of the Louisville Computer Society will | be November 23. The LCS Web page is <http://www.kymac.org>. | List posting address: <mailto:macgroup at erdos.math.louisville.edu> | List Web page: <http://erdos.math.louisville.edu/macgroup>
