It sounds like the title to a Star Wars parody made by a bunch of college kids but it's actually the Anti Phishing Working Group's latest report.
And a fascinating read it is too. I'm sure most people don't know what a subdomain registry is – I certainly didn't before reading the APWG report. We're not talking about actual registries as we understand it in "standard" domain name terms. These are in fact providers who offer free hosting services which include providing a free subdomain with one the provider's registered domain names. One example would be MYDOMAIN.FREEHOST.COM.
Because these accounts are often free to set-up and can be accessed without users being asked to provide any real information about themselves (not even payment information, the accounts being free), they provide a useful safe haven for phishers.
APWG provides suggestions on what subdomain registries, registrars and ICANN can try and do about this. It's certainly a topic worth learning about and the APWG report is a great way to do that.
If you're interested, download the 11 page report here.
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