A report published this week says that cybersquatting, domain kiting, phishing, and click fraud are major threats to recognized commercial brands. "A four-week survey of public Web sites completed early in April found cybersquatting posed the greatest threat to brands. Phishing--the criminal use of e-mail to trick consumers into divulging passwords, credit cards and other personal details--and domain "kiting"--the rapid registering and dropping of similar-sounding Web site names--are on the rise. The study tracked daily mentions on 134 million public Web records for the world's top 25 brands, along with major brands from eight industrial categories such as autos, apparel, food and high tech. The study ran from March 9 to April 6." During the four-week study, each of the brands suffered an average of 286,000 instances of cybersquatting; 50,743 examples of click fraud; 21,093 instances of e-commerce fraud; and 11,015 examples of domain kiting.
While this study may have addressed only the top brands worldwide, its results illustrate the problems faced, on a somewhat smaller but no less dangerous scale, by companies with nationally or regionally recognized brands. In the Internet Age, the importance of diligently and aggressively enforcing a company’s intellectual property rights cannot be underestimated. To survive, e-commerce businesses must have strategies in place to protect their domain names and other trademarks, to enforce their copyright rights pertaining to original content, and to protect themselves from click fraud.
(Link: Major brands see rise in online fraud at CNET News)
Google has stopped the online advertisements "hijacked" by online criminals who used them to obtain banking and other personal information from Internet users. "The ads, linked to 20 popular search terms, directed those who clicked on them to a booby-trapped site where their information could be captured."
Computer security experts doubt that the criminal use of the advertisements will affect Google’s AdWords program which accounts for the vast majority of the search giant’s revenue and $1 billion dollars for the first quarter alone.
(Link: Google halts `hijacked' ads used to steal personal data at SilliconValley.com)
An online pharmacy in Minnesota has agreed to pay $300,000 in fines for filing prescriptions that did not comply with federal regulations. "The settlement resolves a civil lawsuit filed by the U.S. Attorney for the Western District of Wisconsin against Falk's Woodland Pharmacy Inc."
(Link: Internet pharmacy agrees to $300,000 fine at the Milwaukee Business Journal)
E-Commerce Law Briefs is a weekly feature appearing each Friday afternoon on E-Commerce Law. Each week, E-Commerce Law Briefs will provide a brief summary and commentary on recent legal news affecting e-commerce businesses.
Technorati Tags: branding, trademark infringement, Google, online pharmacy