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Intermediaries such as registries, registrars, DNS providers and hosting providers are responsible for the security of domains. However, it can be hard to hold any one of them directly responsible for any domain. In this presentation, we analyze the interplay between these four actors. We also provide some evidence that the concentrations of maliciously registered and hacked domains are due to some attackers’ profit maximizing behaviors such as abusing free hosting and domain registration services, hacking more easily available targets like shared hosting, and hosting a few resilient name server.