Virtual Fraud Making News at Virtual Goods Summit

McAfee now sees more malware programmed to steal passwords for World of Warcraft now than trojans aiming for banking information, said Craig Schumager of the McAfee research labs. In talks with Erik Larkin at PCWorld.com, he outlined why fake game gold is more attractive than real money. Primarily, there’s less risk of getting caught and easier punishments for hacking World of Warcraft than Bank of America, but the gold is still easily commutable to real-world dollars and cents.

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