We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Cybersquatting attacks surged in 2008

18% more incidents than previous year

Cybersquatting - the act of registering a web address with the intention of selling it on to make profit - rose by 18 percent last year compared to 2008, said MarkMonitor.

Research by the internet fraud protection firm revealed there were 1.7 million reported incidents of cybersquatting in 2008. The company also highlighted that 80 percent of the sites reported as 'abusive' in 2007 were still accessible by web users this year.

"That 80 percent of sites identified in our study remain active today confirms that abuse is economically sustainable for fraudsters," said Frederick Felman, chief marketing officer for MarkMonitor.

MarkMonitor also said that in the second half of 2009, phishing attacks on online payment systems were 122 percent up on the first half of the year. The company also urged businesses to be wary of websites with similar or mis-spelt names in the URL.

These websites or 'false association' attacks are designed to dupe web users into visiting offensive pages or those that will encourage them to download malware to their PC.

See also:

Microsoft cybersquatter owns 23 'infringing' sites

PC security advice

Broadband speed tester

IDG UK Sites

How to get a free EE Power Bar: Mobile and broadband customers eligible for free smartphone charger

IDG UK Sites

Why Netflix won't terminate your account for using a VPN, probably

IDG UK Sites

Forever 21 denies pirating Adobe, Autodesk and Corel software, accuses companies of 'bullying'

IDG UK Sites

New Apple TV 2015 release date rumours: Apple's WWDC invite shows Apple TV