A United Nations agency says 2008 was a record year for cybersquatting.
According to a Reuters article on internetnews.com, the World Intellectual Property Organization handled 2,329 disputes for Internet page names. While complaints came from everyone from companies to celebrities to sports teams, the most common business sector that complained was pharmaceuticals. Other top sectors include banking and finance, Internet and telecommunications, and retail.
With the Internet Corporation for Assigned Names and Numbers getting ready to launch many new series of suffixes, cybersquatting may only get worse.