Registering a domain name with malicious intent or in bad faith is popularly called Cybersquatting in WWW. This is usually done for monetary reasons whereby one books a domain similar to a registered trademark or copyright of any known company and then tries to sell it to the concerned company at an exorbitant price.

For example, if one registers a domain nike.net and then attempts to sell it back to Nike, it is cybersquatting. It will be in addition a violation of law if he/she puts up a website on nike.net describing Nike products and services in bad taste. On the other hand, if someone own a company trademark like Nike Foods and host a food website on nike.net, there is no cybersquatting or violation of law. So, it is the intention and not just the name which amounts to cybersquatting.

Cybersquatting was made illegal by the passage of a federal law in 1999 known as the Anti-Cybersquatting Consumer Protection Act. The law became necessary because numerous large companies were forced to pay large sums to buy their domain names from third parties. These companies included such notables as Panasonic, Fry's Electronics, Hertz and Avon.

Cybersquatting is quite common specially against the popular brands but most of the time, the victim company doesn