What are cybersquatters? How do they operate and why are they a problem for businesses?

Expert Solution

Cybersquatter:

The cybersquatter, or domain squatter, registers domain names that have a trademark intended to profit from the domain.

Usually, the goal is to earn profit from traffic that goes to the domain or sell it to the trademark owner.

It is the application of recording an Internet empire name that is probably desired by different individual, trade, or firm in the wish that it can get rid of to them for gain.

Cybersquatters often conduct a variety of illegal practices as they can deliver malware, sell counterfeit goods, host phishing schemes, steal identities, and make money from deceptive advertising ruses, and it is all comes under illegal activities.

Cybersquatters run down the alive of a logo to gain from further.

Example: A cybersquatter could purchase Heinz if the organization had not made a website still, thinking to sell the kingdom to Heinz at a further date for gain, or utilize the kingdom name to engage traffic and make cash by commercial.

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