They'll admit your rival to get a domain that goes like yours, and set aside him to get mix-up or try to sneak your hard-earned hits, business and customers.
Folllow this steps to block the Cyber Squatters.
Make people carry out you for authorization: follow up your host name registrar and complete a form that shuts away authorized entities of your claim of other host name*. You will be able to purchase this names and hold it below your roof. It will provide you data to admit, like contact info, who had better be got through if somebody would like to cross-file your domain, the case string you're taking (this must noodle accurate), description of your current products/services, when you began using that host name.
You've a little window to achieve making out an authorized entry form. Check with your domain registrar for time frame windows in filling out an authorized entry form Failure to enter a claim during a certain time frame means the registering entities will not check to see if there is an equivalent .com, .net or .org name. They will not check the IP Claim Service database. Meaning, you could lose your .info or net-version of your domain name.
Do not allow cyber squatters rock you down and smash what you've built up on the net. Get the rights and the authorization to similar or like names to your main domain name!