CircleID

The Coalition Against Domain Name Abuse (CADNA) recently held its London Online Brand Abuses and Internet Governance Education Forum. The forum included companies from the US, UK, Belgium, Netherlands and Switzerland, with half of the attendees representing Global 500 companies. Forum attendees expressed concerns over issues such as online brand dilution and the often-ineffective governance of ICANN.

From today press release: "This forum brought together brands from across the globe to share collective knowledge, experiences and strategies for combating brand infringement, harmful diversion, phishing and other online abuses such as counterfeiting. With the high margins posted by online criminals—many cybersquatted domains that are simply used to post sponsored advertisements produce $10,000 per year and cost just $10 to maintain—it is clear that this form of online abuse needs attention."

Read full story: Yahoo! News

Related topics: Cybercrime, Cybersquatting, Domain Names