FTC Says Not So Fast To New Domain Name Endings

The company responsible for web addresses is about to launch an international effort to boost the number of top-level domains. The Federal government is saying, not so fast. The Federal Trade Commission says new domain name endings increase the potential for fraud. Chairman Jon Liebowitz asks the Internet Corporation for Assigned Names and Numbers, or ICANN, to limit the January test program. Right now there are 22 top level domain names, like dot-org, dot-com and dot-gov. ICANN envisions a thousand new ones. NextGov reports, Liebowitz thinks that vastly increases the power of phishing scam artists.