Rising fraud threats in virtual worlds

By Elinor Mills, CNET News.com
Thursday, August 28, 2008 10:51 AM

Virtual worlds are playgrounds not just for people who want some online fantasy role-playing, but for cybercriminals who are looking for places to launder money and steal data, according to a new white paper from McAfee.

The in-game economies of virtual worlds are being hijacked by criminals who attempt to hide their profits through the exchange of virtual currencies, Dr. Igor Muttik, a senior architect at McAfee's Avert Labs says in a white paper entitled "Securing Virtual Worlds Against Real Attacks--The Challenges of Online Game Development".

"Typically, when a gaming account is compromised, attackers will convert the objects they steal into virtual currency--and then convert the virtual currency into real money," the white paper says.

Scammers also are increasingly attracted to virtual worlds, where they have numerous ways of trying to steal private data for fraud. For instance, sloppy scripting in some online games allows viruses to auto-execute and propagate. There are also phishing attempts and messaging spam luring members to malicious sites for "free" games.

Also increasing in number and frequency are data-stealing Trojans that use keystroke loggers and other software to record IDs and passwords, mouse movements, and even screenshots, the report says.

And that is not all; there have been other threats in the virtual worlds. A virtual illness wiped out entire servers of users in World of Warcraft in 2005 when a design flaw allowed the disease to spread throughout low level players. Meanwhile, user-created code caused a virtual terrorist attack in Second Life, according to the report.

Because virtual worlds appeal to the underground, there is also the possibility they could serve as honey pots to attract criminals and terrorists and provide counterterrorists a glimpse into terrorist activities.

This article was first published as a blog on CNET News.com.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Migrating DHCP from Windows 2000 Server/Windows Server 2003 to Windows Server 2008

Windows Server

With a little bit of work, it's not hard to migrate DHCP services from Windows 2000 Server or Windows Server 2003 to Windows Server 2008. Here's how.


Read more »



Do we need more delivery centers?

Blog thumbnail

As I wrote a while back in about "racing to subsidies", there certainly is an increased focus by governments to attract delivery centers to their region. To do that, many..... by Michael Rehkopf

Read more »

Tags

  1. attack
  2. authentication and encryption
  3. blog
  4. data security
  5. e - mail
  6. hacking
  7. internet
  8. malware
  9. microsoft corp.
  10. network
  11. network security
  12. pc security
  13. researcher
  14. security
  15. security management
  16. software
  17. spam and phishing
  18. symantec corp.
  19. viruses and worms
  20. web