24 Sep '16, 4pm

Huntsville TV Station: “Squatters Are Hijacking Expired Domain Names” -

WHNT a television station in Huntsville Alabama doesn’t seem to know much about domain names, at least when it comes to domain names that expire. In a story entitled Domain Name Hijacking Is Yours Vulnerable? “”If you own a domain name for your business or hobby, take heed. Domain name squatters are hijacking expired domain names. “ “Failing to register your domain name again before it expires puts you at risk. Another entity can purchase it and hold the domain name for ransom , demanding payment of thousands of dollars in order to return it.” “For companies that have refused to pay the ransom , the threats have escalated to placing a porn site on the domain in retaliation. Costs add up quickly in this situation, not only in terms of repurchasing the domain name, but also loss of business and potential litigation.” The story goes on to say: “”What should you do to protect ...

Full article: http://www.thedomains.com/2016/09/24/huntsville-tv-statio...

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