Persuasive Essay On Cyberbersquatting

1050 Words5 Pages
More and more companies are starting to realize that having an online platform is a significant aspect of their marketing strategy. As business workers started realizing, certain individuals decided to make a profit from the increase of internet interactions. So humans developed the concept of cybersquatting and it is increasing as technology develops. People make essentially “free money” through cybersquatting, also known as domain squatting. Cybersquatting refers to the “illegal domain name registration or use” (Techopedia). Cybersquatting involves entrepreneurs registering well-known business domain names, or similar to them, and sell the domain names back to the existing businesses in hope of gaining a profit. Panasonic, Fry's Electronics, Hertz, and Avon were among the "victims" of cybersquatters. Opportunities for cybersquatters are rapidly diminishing because most businesses now know that…show more content…
Thus I feel like there should be general education about such cyber crimes; just like how Canadian students are required to take a French course until grade 9, standouts should be educated on cyber crimes such as cybersquatting, because these children are our future and this will definitely decrease the amount of cybercrime. Nonetheless of the abundance of organizations which have implemented policies regarding around cybersquatting, according to WIPO (World Intellectual Property Organization), “Cybersquatting disputes relating to new gTLDs rose to 16% of WIPO’s 2016 caseload, which covered a total of 5,374 domain names” (WIPO). WIPO Director General Francis Gurry says that “The continuing growth in cybersquatting cases worldwide shows the need for continued vigilance by trademark owners and consumers alike. This is even more important as a considerable number of these disputes involve incidents of online

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