How devastating are consequences of Domain Name Theft? This video provides overview of an actual case: Domain theft of ReligiousTravelAssociation.com - official company website of WRTA.
The video helps publicize the devastating nature, consequences and financial harm of domain name theft, while also providing a glimpse into how organizations and individuals can also become innocent victims of such acts (e.g. privacy rights violated).
You Tube video link: http://www.youtube.com/watch?v=XTsrKgnm45U&fmt=18
What is “Insider Domain Theft”?
Theft of an organization’s domain name or website by a shareholder, employee, or contractor. Insider domain theft is one of the most common forms of domain theft. The World Religious Travel Association was a victim of insider domain theft.
Enrico Schaefer, trial attorney and Internet law expert: "URL theft by a partner or co-owner is perhaps the most common example of domain name theft. Domain names stolen in this fashion account for about 25% of the calls and emails we receive in the domain theft area."