The world’s 500 biggest companies have all fallen victim to typosquatting according to research by OUT-LAW on the Fortune Global 500 biggest companies and the FTSE 100 biggest companies on the London Stock Exchange.The article notes, “The practice is relatively new, and has grown because the cost of owning a domain name has fallen to just $6 a year and internet traffic has grown exponentially.” “The solution is to think like the typosquatters. Lawyers need to adopt technology to automate their processes, and then hit them where it hurts – in the pocket” said John MacKenzie, and intellectual property expert at Pinsent Masons, the law firm behind Out-Law.The results are published in the OUT-LAW Magazine and in weekly technology law podcast OUT-LAW Radio.Out-Law magazine is available for free by registering on their website. In the UK it will be posted, and outside of the UK the magazine is available online by going to http://out-law.com/page-5475.The above story in full is available from http://out-law.com/page-8423 or http://www.theregister.co.uk/2007/08/29/biggest_companies_typosquatted/
All of world’s biggest firms hit by typosquatting
The world’s 500 biggest companies have all fallen victim to typosquatting. OUT-LAW research has found that the fast-growing trend of making ad money from web domains similar to famous brands affects all the world’s biggest firms.