Some registrars are quick to set things right when these cases are discovered. However, it is well documented that some registrars will admit no fault in accepting the forged credentials and will refuse to correct the record until forced by legal action. In many of these cases, justice is not done and the hijacker retains control of the domain. The victims of such theft often do not have the resources or willingness to invest the effort necessary to regain control of their domain, which may require a lawsuit or a lengthy and time-consuming arbitration process, especially if the hijacker and victim are in different countries. Hackers that have hijacked a domain can do anything with that name, including putting up their own website or redirecting those who visit the address to another site.
Preventing Domain Theft
Some attorneys serve as webmasters to ensure the safety of their clients' domains, but a cheaper option is a pre-pay domain recovery plan like the one offered by TROANN, the title registry of ownership for domain names. Domain theft can not be completely avoided because the human factor (disgruntled employees/webmaster and hackers) will always exist, but the risk is much smaller and the recovery process is much faster and easier if you take proactive steps, like having a domain title certificate as proof of ownership. Arbitration and litigation are available avenues for domain recovery and, under the right facts, attorneys fees and costs can be recovered.