In short it is the keeper of the Internet Protocol identifiers.

As more and more generic TLDs are added to internet, the work of CZDS has gone up.

As a result of the attack, the email credentials of several ICANN staff members were compromised.

ICANN hacked and its Centralized Zone Data Service (CZDS) compromised

Those credentials were then used to compromise other ICANN systems, including the CZDS.

ICANN has urged all the users to change their passwords to new ones.

No impact was found to either of these systems.

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Although the passwords were stored as salted cryptographic hashes, we have deactivated all CZDS passwords as a precaution.

Users may request a new password at czds.icann.org.

ICANN is providing notices to the CZDS users whose personal information may have been compromised.

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source: www.techworm.net