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cyber-squatting

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(jargon, networking)cyber-squatting - The practice of registering famous brand names as Internet domain names, e.g. harrods.com, ibm.firm or sears.shop, in the hope of later selling them to the appropriate owner at a profit.


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Think: The superhero-turned lawyer returns for a new season representing Inch High Private Eye in a case involving unlawful firing; future cases involve cyber-squatting and kids imitating washed-up daredevil Devlin.
But for some cyber-opportunists, the new suffixes amount to little more than an invitation for cyber-squatting - the registration of names by speculators who hope to resell them for thousands and, sometimes, millions of dollars.
Nations now have a standard process for protecting their place names and each nation has a responsibility to help our industry put an end to cyber-squatting and identity infringement," de Villiers said.
 
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