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Definition [Cybersquatting]

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The practice of abusing trademarks within the domain name system. Brand names - spelled correctly or, in a practice known as typosquatting, spelled incorrectly - are used within a domain name, enabling the squatter to divert web traffic meant for a legitimate site to an illicit site which may sell counterfeit goods, utilize pay-per-click abuse, host adult content or conduct other illicit activity.