Beware: other players CAN take over your settlement
So there seems to be some loophole whereby other players are able to take your settlement.
I became overseer of one on the galactic hub capital the day the update released. I spent quite a lot of time building it up, but when I started playing the other day I could no longer access the terminal and it said that the settlement was owned and renamed by another player.
I presume the other player was able to become overseer offline and then when they logged on to servers my overseer status was overwritten. I hope the devs are aware of this as it’s a pretty big flaw in the frontiers update. I doubt I’ll be able to get it back as even when I play offline I can’t access the terminal now.
Please upvote so the devs know about this and can patch it.