Security risks in Metaverse
Metaverse is everywhere nowadays.
Mark Zuckerberg can’t talk about it. Gartner listed it as one of the top 5 emerging trends for 2022 And Forbes predicts that AR / VR spending will reach $ 72.8 billion in 2024 due to the popularity of Metaverse.
Because of this, leaders in various industries such as gaming, healthcare and crypto are looking to Metavers for new opportunities. But with all this excitement, there is one thing that is often overlooked: security risks.
Metavers is still in its infancy, and it is well suited for exploitation by cyber criminals. In this article, we will look at the three top security risks of Metaverse and what can be done to reduce them.
But first.
Let’s start with a quick definition. Metaverse is a shared, virtual space where people can meet, communicate and do business. It’s a bit like the Internet, but without creating websites, Metaverse 3D is created with Virtual World.
Think of Second Life or GTA online but with steroids.
The term was originally coined by science fiction writer Neil Stephenson in his 1992 novel Snow Crash, and has become popular in recent years with figures such as Mark Zuckerberg and Palmer Lucky, the founder of Oculus.
Now that we’ve figured it out, let’s take a look at why security is so important in the metavers.
Why is security so important in Metaverse?
As Metaverse grows in popularity, more sensitive data will be shared in virtual environments. It can cover everything from medical records and financial information to trade secrets and state secrets.
For this reason, it is important to make sure that Metaverse is secure. Otherwise, we risk opening up entirely new avenues for cybercrime.
Now that we’ve established why security matters, let’s take a look at the top three cyber security risks in Metavers.
One of the first security risks we have to discuss is invisible hiding which can have potentially fatal consequences.
In the physical world, it’s relatively easy to tell if you’re being spied on. You can see a camera in the corner of the room or someone hiding in the bushes outside your house. But in Metaverse, it’s hard to tell if you’re being spied on.
According to researchers at the University of Washington, the immersive nature of AR and VR technology could create new opportunities for rival apps to record and replay every step the user unknowingly makes.
This type of spyware can be used for anything from identity theft to corporate espionage.
In the physical world, identity theft is a huge problem. Last year alone, consumers reported a record $ 5.8 billion in losses due to identity theft and fraud.
And chances are, things are going to get worse as we move into Metaverse. This is because Metavers will be built on top of existing social media platforms, which are already fighting for the protection of users’ data.
In 2018, for example, Facebook suffered a massive data breach that affected more than 50 million users. As Facebook and other social media companies work on metavers projects, we will probably see similar breaches in the virtual world.
Finally, we need to discuss data privacy.
As the metavers increase, so does the amount of data shared in the virtual environment. And as we have seen with companies like Facebook and Google, it can be very difficult to keep this data private
In recent years, hackers have begun using IoT (Internet of Things) devices to launch attacks and steal data. AR and VR devices will collect huge amounts of user data, such as biometric data, which can be used to identify and track individuals.
What can be done to increase security?
So, what can be done to increase security in Metaverse?
Some things to do:
First, we need to raise awareness about the importance of security in our metavers. Second, we need to create better security protocols and policies. And third, we need to make sure that these security measures are enforceable.
By taking these steps, we can help ensure that Metaverse is a safe and secure place for everyone.
Support us through our sponsors
https://ift.tt/QqDWLke
Post a Comment
Post a Comment