Nearly half of the respondents to this week's Computer Weekly/Harvey Nash Big Question poll admitted that their companies are not ready to defend new domain names against cyber squatters using their company name.
Internet governing body Icann (the Internet Corporation for Assigned Names and Numbers) recently approved the creation of new generic top-level domains such as .biz and .info. But 47% of respondents admitted their companies are unprepared for the changes.
One IT manager commented, "It rather defeats the object if everyone simply copies their old .com names into the new domains."
Others reasoned that, as the domains are not available yet, it is too soon to assess the impact.
Thirty eight per cent of IT managers said their companies are ready for the new domains. One respondent said, "We already have the problem and this will multiply it."