Coalition Takes Run At Cybersquatters

More than 22,000 domain names are in use today that incorporate Apple’s iPhone brand name — though few belong to Apple.

That’s how bad fraudsters’ practice of “cybersquatting” has gotten, says Josh Bourne.

He’s president of a new group — the Coalition Against Domain Name Abuse (CADNA) — that on Tuesday announced plans to combat the practice. The group is backed so far by AIG, DELL, Eli Lilly, Hilton, HSBC, Marriott MAR, Richemont, Verizon, Yahoo and Wyndham.

http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-18411393.htm

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