When Hackers Steal A Web Address, Few Owners Ever Get It Back

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For nearly two decades, Michael Lee owned a prized piece of Internet real estate: the website MLA.com. The three letters stood for his graphic design and advertising business, Michael Lee and Associates, but they also represented an unusual investment opportunity. A short or memorable Internet address can be worth thousands or even millions of dollars. Facebook reportedly paid $8.5 million to buy Fb.com in 2010, whilePorn.com went for $9.5 million in 2007.

When Hackers Steal A Web Address, Few Owners Ever Get It Back
 
As an ICANN Registrar, there are several mechanisms available by which the Losing Registrar can assist the Registrant in acquiring the domain back. We have worked with several Registrars and Registrant in similar circumstances and successfully brought the domain name back in the control of the old Registrant. The policies that we have devised are all within the legal framework of power bestowed to us by both, the rule of the land as well as ICANN.

DISCLAIMER: ISPCircle.com is a business unit of ICANN Registrar Web Werks India Pvt. Ltd. D/B/A ZenRegistry.com.
 

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