New research from Akamai highlights a significant increase in domain squatting, where attackers register thousands of domains that closely imitate well-known brands. These cybercriminals employ advanced methods such as combosquatting—combining brand names with other words—and AI-generated phishing pages to deceive consumers and bypass corporate security measures.
This surge in deceptive domain registrations poses challenges for companies trying to protect their online presence and puts consumers at risk of fraud and misinformation. The scale and complexity of these attacks are overwhelming traditional defenses, signaling a growing cybersecurity concern for businesses worldwide.
**Why this matters**
Domain squatting undermines brand integrity and consumer trust by enabling phishing, fraud, and other malicious activities. As attackers use increasingly sophisticated techniques, companies must enhance their cybersecurity strategies to safeguard customers and maintain the reliability of their digital platforms. Failure to address this issue could lead to financial losses and damage to brand reputation on a global scale.
Source: NewsData