Panix.com hijack: Aussie firm shoulders blame

An Australian domain registrar has admitted to its part in last weekend’s domain name hijack. of a New York ISP. Melbourne IT says it failed to properly confirm a transfer request for the Panix.com domain.
Ed Ravin, a Panix system administrator, says the Melbourne IT error enabled fraudsters using stolen credit cards to assume control of the domain. Thousands of Panix.com customers lost email access for the duration of the occupation, and many emails will never be recovered.
Panix.com hijack: Aussie firm shoulders blame | The Register