Be careful, your domain name might be transferred

Transferring any domain to your own control is about to be come a breeze. Or maybe not.

Starting Nov. 12, the Internet Corporation for Assigned Names and Numbers (ICANN) began utilizing a new Policy on Transfer of Registrations between Registrars. The policy states that if there is a request made on a domain by someone, and if that request has not been denied within five days, the registrar will be allowed to reward the domain to the requesting party.

It seems a little strange that a policy like this could be made, but really, if a domain manager pays attention, there's no way anything will be lost. The rule could make sense to allow people to pick up domains that are no longer being monitored by anyone. Currently there are people out there who review registrar reports and buy recently expired domain names in bulk. This would at least allow targeted opportunities to purchase specific names.

If you are in charge of any domain names, be sure to lock them through your domain registrar.