Dangling DNS entries are a growing problem for many large organizations—particularly, for the organizations that have adopt the use of cloud-hosting providers such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, and others.
The fundamental issue revolves around the creation of DNS entries on critical domains (such as an organization's main corporate domain) that point to hostnames and IP addresses not owned by the organization itself.
If the organization release control of these hostnames/IPs (e.g., by the virtue of terminating a virtual machine in the cloud), a malicious hacker may create a resource in the cloud on the same host or IP that the DNS entry points to. In a matter of minutes, the hacker can take control of the subdomain and launch a wide variety of attacks, including phishing campaigns, cookie harvesting from unsuspecting visitors, reputational damage, and more.