How Secure Is Your Domain?
Problems at RegisterFly.com shed light on loose oversight of Net addresses: When Kevin Medina and John Naruszewicz joined forces nine years ago, the Internet was like an untamed frontier. There was little to discourage Medina, the owner of an office-cleaning business in New Jersey, and Naruszewicz, a recent high school dropout, from joining the dot-com gold rush. The tiny company they started, RegisterFly.com Inc., ultimately became a midsize registrar of Internet addresses for more than 200,000 customers, including entertainer Michael Jackson. Now a messy fight between the two for control has brought RegisterFly to its knees and prompted angry calls for better oversight of the Web registry industry.
http://businessweek.com/magazine/content/07_13/b4027077.htm