Ever heard of cyber squatting?
In this month’s video installment, Dave McEvoy explores the lucrative world of cyber squatting, which can and has proved costly for many small business in Ireland.
Cyber Squatting is the term given to the purchasing of a domain name with the sole purpose of reselling it to an individual or business who really want it, or really need it at a higher price. For most business domain names can be purchased for up to €50 however, if a cyber squatter purchases a domain name ahead of you, they tend to command thousands in order to turn over ownership of the name itself.
Check out the video below to learn how to avoid paying exorbitant prices for a domain name