What are the risks associated with domain names? Let me briefly mention three.
1. Domain names deleted
After you register a domain name, you must pay a renewal fee every year. If you fail to pay the fee, the domain name will be deleted. As a result, your website may disappear and email cannot be used. If the domain name is valuable, it may be auctioned by the domain registrar. Once your domain name is transferred to another owner, getting it back is not easy. For example, global firm Marketo in July this year forgot to renew its Marketo.com and found itself bombarded with user complaints about website and email failure. To prevent this problem, be sure to read the renewal reminders sent from your registrar and pay the renewal fee in time.
2. Domain names stolen
Some domain names — especially short .com domain names — are valuable and targets of thieves. For example, in 2014, Qianzhan.com owned by news portal Qian Zhan Wang (前瞻网) was stolen. It took three months to recover the domain name, resulting in losses of over 100 million yuan to the company. When registering a domain name, be sure to enter the real information, because it can be used to prove your ownership if the domain name is stolen. Also, a domain name is often stolen because the email used in its registration is stolen. Therefore, secure your email and password. If the domain registrar provides the two-step verification function, use it to enhance your protection.
3. Domain names hijacked
The internet is global. A domain name you own may happen to match the brand name of a company located in another country. Here’s the problem: .com names are highly sought after. If you have a .com name not being used, some companies may try to grab it from you using a legal proceeding called UDRP. Such cases happen often. For example, in July this year, German software company SAP lost its domain name
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1. Domain names deleted
After you register a domain name, you must pay a renewal fee every year. If you fail to pay the fee, the domain name will be deleted. As a result, your website may disappear and email cannot be used. If the domain name is valuable, it may be auctioned by the domain registrar. Once your domain name is transferred to another owner, getting it back is not easy. For example, global firm Marketo in July this year forgot to renew its Marketo.com and found itself bombarded with user complaints about website and email failure. To prevent this problem, be sure to read the renewal reminders sent from your registrar and pay the renewal fee in time.
2. Domain names stolen
Some domain names — especially short .com domain names — are valuable and targets of thieves. For example, in 2014, Qianzhan.com owned by news portal Qian Zhan Wang (前瞻网) was stolen. It took three months to recover the domain name, resulting in losses of over 100 million yuan to the company. When registering a domain name, be sure to enter the real information, because it can be used to prove your ownership if the domain name is stolen. Also, a domain name is often stolen because the email used in its registration is stolen. Therefore, secure your email and password. If the domain registrar provides the two-step verification function, use it to enhance your protection.
3. Domain names hijacked
The internet is global. A domain name you own may happen to match the brand name of a company located in another country. Here’s the problem: .com names are highly sought after. If you have a .com name not being used, some companies may try to grab it from you using a legal proceeding called UDRP. Such cases happen often. For example, in July this year, German software company SAP lost its domain name
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