Cybersquatting

Cybersquatting refers to the practice of registering domain names that are highly desirable or directly associated with well-known entities, with the sole intention of profiting by reselling them at inflated prices. This is often done in anticipation of demand from businesses seeking to establish an online presence that aligns with their brand identity or trademarks. Cybersquatters typically target domain names that have the potential to be in high demand and hold them hostage, leveraging their attractiveness to negotiate exorbitant fees from legitimate prospective owners.