Cybercriminals have long depended on domain names for phishing, spam, malware distribution, and botnet operation. To facilitate the malicious activities, they continually register new domain names for exploitation. Previous work revealed an abnormally high concentration of malicious registrations in a handful of domain name registrars and top-level domains (TLDs). Anecdotal evidence suggests that low registration prices attract cybercriminals, implying that higher costs may potentially discourage them. However, no existing study has systematically analyzed the factors driving abuse, leaving a critical gap in understanding how different variables influ- ence malicious registrations. In this report, we carefully distill the inclinations and aversions of malicious actors during the registration of new phishing domain names.
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