Cybersquatters sometimes register variants of popular trademarked names, a practice known as typosquatting.
Another strategy is as follows: Internet domain name registrations are for a fixed period of time. If the owner of a domain name doesn't re-register the name with an internet registrar prior to expiry, then the domain name can be purchased by anybody else after it expires.[1] At this point the registration is considered lapsed. A cybersquatter may use automated software tools to register the lapsed name the instant it is lapsed. This strategy is one of a family of identity theft schemes including renewal snatching, extension exaggeration and alert angling.
anonymous on 18 Aug 16Internet has been an unsafe haven during recent past for many. The online fraud is on the rampant these days since the hackers have been extremely tech savvy in spite of development of the security on the internet. If you have an internet enabled bank account you need to be extravagantly alert while transferring money.
