India is the most-visited country in the world for internet users, but with the rise of a plethora of new, high-profile domains, the country is getting more and more popular.
A new category of domains, “hot domains”, is gaining traction in the country as well.
The Indian Registry of Internet Numbers (IRIN) reports that there were more than 13,000 hot domains in March 2017.
Hot domains are domains that have been registered in the last 30 days, but which are now worth more than $50,000.
Some of these hot domains have been listed on the domain registry for over two years.
Hot domains are the latest trend in Indian domain registrations, according to Anand Pandey, director at IDC.
“In the past few years, more and for some, even more domains are registered and are worth more.
We’ve seen this in other emerging markets as well, such as China and the Middle East,” he told The Register.
“There is a huge potential for these domains to become big business opportunities.”
Hot domains also pose a threat to India’s ability to keep track of the country’s internet traffic, as well as its ability to protect against cyberattacks, says Anurag Shukla, senior fellow at IPPR.
“The problem is that the more domains we have, the more data is going to be available for cyberattacks,” he said.
“A lot of these domains are getting hijacked.
They’re being used for malware, for phishing attacks, for spear phishing.
And they can become the source of vulnerabilities for websites and other services.”
Hot domain registrations have been a growing problem for India, which is now one of the most visited countries in the World.
India is also the country with the most domains with a global reach, according IPPR data.
“This is the third quarter of 2017, and Indian domains are growing at a pace of 2.4 times,” Mr Pandey said.
In a recent report, the Indian government found that the country was facing a potential cyber-attack threat of $250 billion annually.
That’s $2.6 trillion in annual revenue.
“If this kind of revenue is going up, that’s going to create an economic incentive for the IT industry to invest in cyber security,” Mr Shuklals said.
A number of countries are also trying to crack down on the rising popularity of hot domains.
In February, the US Federal Trade Commission announced that it would require websites and online services to register with IRIN, and the government of Singapore has proposed a similar system for India.
“We don’t know if there will be a change in the regulatory framework in India, but if it does then there will likely be a backlash,” Mr Kothari said.
India has a strong reputation for protecting its citizens from online threats.
A number of laws have been passed that require the country to block foreign websites that provide access to child pornography, child exploitation and child exploitation material.
The government also announced plans to introduce a new law that would give law enforcement authorities the power to request internet service providers to block websites that are suspected of harbouring child pornography.
In the last few years India has also been in the spotlight for its efforts to protect the country from the growing threat of cyberattacks.
In June this year, the government blocked websites associated with the hacking group Anonymous.
“Anonymous, or the cyber-warriors, has hacked into several government websites and websites of some private organisations,” said the Information and Broadcasting Ministry in a statement at the time.
“Now, we will also ask the Internet Service Providers (ISPs) to block all websites which contain child pornography.”
Last month, the Federal Bureau of Investigation announced it would investigate whether an unnamed internet service provider was responsible for the breach of the Department of Atomic Energy.
The Indian government has also made a number of efforts to tackle cybercrime.
In July this year it announced the creation of a new cybersecurity unit, the Cyber Security and Cyber Incident Response Force (CSCRIF), which will be led by the Prime Minister and tasked with tracking cyber-attacks.
The CSCRIFF will be tasked with monitoring and tracking all cyber-crime incidents, cyber-criminals, cybercriminals who have been identified, and cyber-security incidents.