New changes from ICANN spell easier domain hijacking

From Netcraft News:
"Domain names could become easier to hijack as a change in domain transfer rules takes effect Friday. Under new rules set by the Internet Corporation for Assigned Names and Numbers (ICANN), domain transfer requests will be automatically approved in five days unless they are explicitly denied by the account owner. This is a change from current procedure, in which a domain's ownership and nameservers remain unchanged if there is no response to a transfer request."
Link to the full article.