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CheckFree Hijacked Due to Poor Domain Registrar Authentication

This just in from the Washington Post: CheckFree, a major online bill payment site with over 24 million customers, had their domain hijacked and redirected to a site that tried to install malicious software on users computers. This all happened because criminals stole the username and password for CheckFree's domain management account at Network Solutions.

Clearly the criminals who perpetrated this attack should be caught and prosecuted, but isn't it sad that such valuable assets are protected by just a simple username and password? If you run a website, your domain registrar has the keys to your online castle -- how could this not be protected by strong two-factor authentication?

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