There is a long and nasty history of many people having their domain names stolen from under their nose. It is the worst thing for you that waking up one day finding your site has disappeared and someone else has owned it. And then the phone call in which you were told that it was nothing to do with the registrar and you had to do everything to sort it out yourself. The companies that you register your domain name with do not take any responsibility of it.
Although, all of that was supposed to be in the past, it is however still possible to steal your domain without your knowledge with minimum efforts. The registrars have a feature called a Domain Lock or a Registrar Lock that prevents the transfer of the domain to anyone unless that lock is removed. In order to transfer a domain name, you are required to provide a Domain Key or EPP Code and the account owned of the domain can request this.
To prevent getting your domain stolen, you should take security of your email account seriously. Because your email account is the center of all your passwords, it is necessary to take care of email account. You must have noticed that whenever you click on – lost your password, many websites email a new password to you. To avoid this, use an ISP that focuses on security to minimize the risk of someone hacking your email account. Follow the guidelines of government security experts.
In addition, you can also lose control of your domain name if you do not pay for renewal. Then it is returned to the public pool of available domain name. However, you can allow someone else to obtain your password, so that they could move the domain name to their name and can obtain it in that way.
Recognize that your domain name is property and it protect it the way you protect your other business property. You can purchase a commercial insurance property to cover the hacking or theft of your domain name. Try to review your security procedures regularly. Remember, the criminals are motivated by greed; therefore, they will continually invent new ways to steal your domain name.
As such, though there remains no comeback on those that try to defraud individuals and companies, you can prevent from getting your domain name stolen. Otherwise, the problem will continue until a way by which fraudulent registrants or domain thieves can be held to account.
