77,000 Steam accounts hacked every month, new security measures deployed

From CNET: According to newly revealed statistics from Valve, some 77,000 Steam accounts are hacked every month.

Valve revealed the figure this week as part of a blog post in which it pointed out that account theft is nothing new on Steam. It's been happening since the platform's first days. But instances of hacking jumped by twenty-fold, or close to 2,000 percent, following the introduction of Steam Trading four years ago.

"Having your account stolen, and your items traded away, is a terrible experience, and we hated that it was becoming more common for our customers," Valve said.

Valve's solution thus far has been to duplicate stolen items for people who lost them, but this isn't an ideal solution, especially when the pilfered items are of the rare variety.

"We were fully aware of the tradeoff here. Duplicating the stolen items devalues all the other equivalent items in the economy," Valve said. "This might be fairly minor for common items, but for rare items this had the potential to significantly increase the number in existence."

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