Cybersquatting Rose 33 Per Cent Over 2007

By CircleID Reporter

According to recent reports, cybersquatting continued to be the most prevalent form of online brand abuse after a 33 per cent jump in the past year. The latest Brandjacking Index from MarkMonitor found significant drops in domain kiting and related pay-per-click fraud. This trend is attributed to aggressive legal actions by brand holders as well as increased scrutiny by domain name oversight agency, ICANN.

However, phishing techniques and targets continued to evolve in 2007, and the report highlighted a 533 per cent increase in phishing attacks against the retail and services sector.

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