Protecting Domain Names From Cyber Squatting and Hijacking
Before I go into details about protecting domain name you should first know that there is no business operating under the sun that has got no risks. Perhaps that is the reasons behind why businesses get rewards in term of profits. It’s agreed by business school of thought that the higher the risk in any given business, the higher the rewards.
Online businesses are no islands on this matter too. It’s really heartbreaking and total confusion when you realize that some lazy cruel person somewhere has actually messed with your domain name. How has she messed with it? Well… I am going to tell you how this happens.
Cyber squatting is where a person registers a name which is another person’s trade mark without owner’s consent. The person will sell it at inflated price. If you have a trade mark, somebody can cyber squatter it. Cyber squatters usually register many trademarks and speculate selling them at much higher prices than the ones they paid for when buying them. Some will go as far as registering another level of domain name of the trade mark.
Categories: Legal Issues Tags: CyberSquatting, Domain Hijacking