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The World of Warcraft Community Site (thanks Frans) has word that Blizzard has busted out the frost-covered holiday edition of the banning stick to put the kibosh on over 18,000(!) accounts. They have tips on how you can rat out cheaters and outline their "aggressive stance against cheating." Here's a bit:

A majority of these accounts were found to be using third-party programs to farm gold and items. Such actions can severely impact the economy of a realm and the overall game enjoyment for all players.

We will continue to actively monitor all World of Warcraft realms in order to protect the service and its players from the negative effects of cheating. Please note that selling World of Warcraft content, such as gold, items, and characters, can result in the permanent removal of the involved accounts from World of Warcraft.
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Read More / Source: Blue's News