Cybersquatting Up 33% in Past Year, MarkMonitor Says

"Cybersquatting" -- the use of domain names designed to mimic those of large brands -- is up 33 percent compared with a year ago, according to a study by MarkMonitor. The cybersquatters often use misspellings in website addresses to attract visitors looking for big-name brands. They make money through pay-per-click advertising or selling counterfeit products.