What Is Cybersquatting And Cyberpiracy?

Cybersquatting

Cybersquatting occurs when a third party registers a domain name consisting of, or similar to, a brand name to which they have no legitimate claim and later attempts to sell or license the registered domain name to the brand owner. In the classic case, the cybersquatter registers domain names that are similar or identical to a registered trademark.

Cyberpiracy

Cyberpiracy occurs when a domain name incorporating a variation of a brand name is used on a website to lure traffic from the brand owner's site. A variation, sometimes referred to as typosquatting, occurs when the third party registers a domain name virtually identical to a brand name but misspelt with the intention of getting hits from individuals who inadvertently misspell or mistype the brand name. This is also used to support various phishing schemes.