Posted in Fraud on January 4, 2008 | No Comments »
Article on fraud in Second Life from the MIT Technology Review:
The Fleecing of the Avatars
Recent fraud allegations are ominous for those who see virtual worlds as future centers of e-commerce.
By David Talbot
Stephanie Roberts is a 33-year-old parks service employee in a Chicago suburb where she lives with her brother and mother; in the winter, she [...]
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Wired reports that online games are going to use software that examines how users behave in games and then flags irregularities to prevent ‘cheating’ within the games. As I have argued here this idea could be used to modify defined anti-social behavior within virtual environment.
Article here:
Online Games Use Fraud Software to Combat Cheats
[...]
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Online games and the law
Online games and fraud
Hackers freeze web sites of Game Money Trading Firms
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Social-networking has been the dominant theme describing almost every new Internet based software application to emerge over the past two years. MySpace, Facebook and Second Life, to name the most prominent applications, have all prospered on the promise and realization of creating a community online. But while they have moved relentlessly forward the platforms have [...]
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The Symantec Corp’s latest report on the security threat to the Internet (Vol.XII) has some interesting detail on the increasing attempts to hack virtual worlds and the lure of their virtual currencies. Link here.
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Posted in Fraud, Money Laundering, News on September 6, 2007 | No Comments »
Singapore based FirstMeta has launched the first virtual currency credit card.
Full story over at techcrunch.
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The Financial Times ran an interesting piece on the challenges Kreeda faces in setting-up an MMO in India.
Article here
What jumped out was the way Kreeda is seeking to get around the low-level of credit card usage in India,
“To overcome India’s slow connection speeds, the game is designed to work on dial-up connections rather than [...]
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In my crawlings around the internet, I often come across a number of interesting documents which are related to my research, both into virtual worlds in general and sometimes into potential crimimal activities in them. And with the idea in mind that there is far too little interaction between the research community and professionals sometimes, [...]
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IBM & MIT Media Lab hosted a conference on virtual worlds on 15 June - the title of the conference was, “Where Business, Society, Technology & Policy Converge”. As part of the conference Colin Parris, VP for Digital Convergence outlined, amongst other things, what he thinks is essential in creating future viable virtual platforms. [...]
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Posted in Fraud, Money Laundering on June 15, 2007 | 1 Comment »
The Risk Management Group has made its discussion of the potential fraudulent use of virtual currencies available download on its frontpage in pdf format.
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