There is a long and nasty history of people having their domains stolen from under their nose thanks to the sloppy security of the companies the domain was registered with.
It was every webmaster's worst nightmare: waking up one day to find that your site had disappeared and someone else owned it. Then the phone call in which you were told that it was nothing to do with the registrar and you had to try to sort it out yourself.
All that was supposed to be in the past though. Recognising that losing customers' domains was not good for business, extra security measures were drafted in and we were guaranteed that from now on it would take more than a spoofed email and follow-up phone call to shift ownership.
However it appears that it is still possible to steal domains with the minimum of effort. We have been contacted by the owner of the valuable domain DVDmovies.com, who was amazed only last month to find that his domain had been moved and registered with another company without his knowledge.
http://www.idgnet.co.nz/news.nsf/UNID/7E7E3672446E1E40CC256DE200635C4B?OpenDocument

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