Security News > 2024 > January > Combination of cheap .cloud domains and fake Shark Tank news fuel unhealthy wellness scams

Scammers are buying up cheap domain names to host sites that sell dodgy health products using fake articles, according to cybercrime disruption outfit Netcraft.

Some of the stories suggest that judges on entrepreneurial reality shows Shark Tank and Dragons' Den have backed the products.

Such domains have proliferated in recent years after ICANN decided to allow new gTLDs in 2011.

Netcraft reckons it's now being used for the health and Shark Tank scams described above.

"The cheap domain pricing on these TLDs allows criminals to cost-effectively spread their campaigns over a large number of domains," Netcraft's analysts wrote.

Sbs gTLD for health scams and found "a huge spike in the [northern] summer of 2023, with 1,579 distinct IP addresses hosting health product scams in June and 6,725 in July." In some months, more than half of registrations of.

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