Cybersquatting is the act of registering, trafficking, or using a domain name with the intention of profiting from the goodwill or trademark of someone else’s brand. This unethical practice involves purchasing a domain name that is similar or identical to a well-known brand or trademark, with the intention of selling it back to the rightful owner at an inflated price. Cybersquatters often use deceptive tactics, such as typosquatting or brandjacking, to mislead internet users and divert traffic to their own websites. This not only harms the reputation and online presence of the legitimate brand, but also creates confusion and inconvenience for consumers. Cybersquatting is considered a form of cybercrime and is punishable by law.