Reglikedomain industry desk

Drop 12% on data breach news — Web.com shares

Shares plummet following credit card information is stolen.

It’s a down start to the day for stock markets in general, but domain name and hosting firm Web.com (NASDAQ: WWWW) is having a particularly bad day.

Shares are trading down regarding $3.00 to $20.81 at the time of writing. That’s regarding a 12% drop.

The move appears to be in response to the firm’s notice yesterday of a data breach. The firm states credit card details on up to 93,000 cards might have been stolen the prior week.

There’s no word yet on if these were from Web.com, its registrars Network Solutions and Register.com, or another Web.com firm. As stated by Web.com FAQs on the matter, Register.com and Network Solutions were not affected. Also, if your information was potentially stolen, you ought to have by now received an email.

Web.com is offering free credit monitoring for a year to affected clients. But that might be the least expensive part of the breach.

Also on the wire

Other reporting from the domain desk.

Shows hefty price for .club and .design — SEC filingDomain RegistrarsShows hefty price for .club and .design — SEC filingBDomain RegistrarsBuild Your Online Business: GoDaddy’s BYOBVDomain RegistrarsVistaprint purchases Webs.com, pushing further into domain registrar territoryNDomain RegistrarsNo resellers for .eu domainsRDomain RegistrarsRegistrars Web 1.0? Yes, and that’s good. — Are DomainAs Fresh Domain Registrations Fall, Domain Registrars Get DesperateDomain RegistrarsAs Fresh Domain Registrations Fall, Domain Registrars Get DesperateMarkMonitor parent Clarivate notes earningsDomain RegistrarsMarkMonitor parent Clarivate notes earningsDefault Registration Period to 5 Years — GoDaddy IncreasesDomain RegistrarsDefault Registration Period to 5 Years — GoDaddy IncreasesSDomain RegistrarsSteady, Brandable Domain Sales Growing — Tucows’ Revenues