What is Domain Theft?
Domain names are digital assets, have monetary value, and can be stolen from their current owners. Domain name theft, also known as domain theft, occurs when someone literally transfers ownership of a domain name from the rightful owner without permission of that owner. A domain name is considered to be stolen, and domain theft has occurred, when an individual or organization changes any of the contact information on the WHOIS record of a non-expired domain name without the current owner’s (registrant’s) permission.
Domain name theft is sometimes confused with losing a domain name because of clerical or administrative errors where a domain is lost due to non-renewal or non-compliance with registrar Terms of Service. It can also be confused with the failure to renew a domain name by the current registrant and another individual or organization registers the domain name. In some cases, a new legal registrant may purchase the domain name at a domain name auction, thereby becoming the new owner without the express consent of the prior owner.