VeriSign Increases Domain Name Fees

[Hosting Headlines] – A provider of Internet infrastructure for the networked world VeriSign, Inc., last week announced an increase in registry domain name fees for .com and .net, as per its agreements with ICANN, effective as of October 1, 2008.

The registry declared that the price for .com domain names will rise from $6.42 to $6.86 and that the registry fee for .net domain names will increase, from $3.85 to $4.23. Ouch!

In addition the registry avers that the traffic volume continues to increase with the emergence of consumer-driven services, the surge in Web-connected wireless devices and the proliferation of technologies and services using the Domain Name System. It also claims to processe a peak of more than 33 billion DNS queries per day under normal traffic conditions.

The registry articulates that the .com and .net infrastructures are continually being fortified and scaled to defend against increasingly sophisticated cyber attacks and to help protect against service disruptions. It is increasing the capacity of its global Internet infrastructure by ten times by the year 2010. Additionally, it also states that it will increase its daily DNS query capacity from 400 billion queries a day to over 4 trillion queries a day and will increase the aggregate network bandwidth of its primary resolution centers around the world from more than 20 gigabits per second to greater than 200 Gbps per second.

The registry even announced that it will also expand its deployment of Regional Internet Resolution Sites to more than 100 locations across the globe by 2010. It is also deploying new proprietary security upgrades and monitoring tools to identify, track and isolate malicious Internet traffic generated from cyber attacks.

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