Virtual currency comes with real threats - SiliconValley.com

Virtual currency usage skyrockets but remains susceptible to hacking #BitCoin #mMoney #MobileMoney #M4D #ICT4D

Click photo to enlarge Designer Brittany Schlunt works on FarmVille characters at Zynga headquarters in San Francisco on June 6, 2012. Law enforcement officials say consumer use of "virtual currency" in Internet games is a multibillion-dollar new territory for crooks to exploit. « 1 » Fueled by the growth of Internet games and their make-believe economies, consumer use of "virtual currency" has rocketed in recent years, creating what law enforcement officials and others say is a multibillion-dollar new territory for crooks to exploit. In many cases, the play money is bought with and exchanged for real cash. Yet experts say it's often poorly protected from hackers. And when someone is victimized, seeking compensation from the sites where the virtual funds were obtained can prove an exercise in futility, said Adam Wosotowsky, a researcher at Intel (INTC )'s computer-security...

Full article: http://www.siliconvalley.com/ci_21228911