PALM BEACH, FL - A critical vulnerability within the Domain Name System (DNS) has been unearthed and exploited by dozens of cybercriminals and hackers originating from Russia to take over thousands of domain names, according to cybersecurity researchers from Infoblox and Eclypsium. An estimated 30,000 legitimate domains have been hijacked by the digital thieves since 2019, experts say, utilizing a technique known as “Sitting Ducks” that exploits weak DNS services. The … [Read more...]
Domain Registrar, Site Builder Squarespace Purchased by Permira for $6.9 Billion
NEW YORK, NY - Private-equity firm Permira has entered into a deal with Squarespace to acquire the website-building platform and domain host/registrar in an all-cash deal valued at $6.9 billion, according to an announcement made this week by both companies. The deal involves Permira paying approximately a 30 percent premium to Squarespace’s unaffected share price, which comes to $44 a share in cash; as a part of the transaction, the publicly-traded web company – … [Read more...]