Cybersquatting, in the context of the music industry, refers to the practice of registering, trafficking in, or using internet domain names that are identical or confusingly similar to trademarks or names of artists, bands, or music companies, with the bad faith intent to profit from their goodwill. This can involve holding a domain hostage for ransom, diverting traffic, or creating misleading websites. It poses a significant threat to intellectual property rights and brand identity within the music sector.