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Addressing cybersecurity in the metaverse: three key considerations

Addressing cybersecurity in the metaverse: three key considerations

The concept of a completely immersive virtual world, known as the metaverse, first introduced in Neal Stephenson’s 1992 sci-fi novel Snow Crash, is becoming a reality. With numerous potential applications in education, entertainment, remote work, gaming, socializing, training, and more, the metaverse presents a wealth of opportunities enabled by augmented and virtual reality. However, with the promise of this new world comes various concerns that must be addressed in order to ensure its safety and security.

  1. Protection for Young Users: As the metaverse becomes increasingly attractive to young people, it is important to consider the potential risks they may face. Games like Minecraft, Roblox, and Fortnite already offer alternative worlds created by users and provide a glimpse into the metaverse’s future. However, young people are often less cautious on social media or when protecting their digital footprint, and this naivety may continue as they enter the metaverse. This puts them at risk of connecting with untrustworthy individuals, as well as making vulnerable purchases. Additionally, the impact of the metaverse on younger generations and their view of the world remains an open question.
  2. Identity Theft: Avatars in the metaverse are likely to become users’ digital identities, making them susceptible to identity theft. What happens if your avatar is hacked? Unfortunately, avatar scams have already been reported on platforms such as Roblox, where hackers attempt to steal a user’s digital identity. Furthermore, private information can be accessed if someone enters someone else’s virtual world through a VR device, as VR headsets have been used as spyware in the past. It is crucial for individuals to protect their digital assets and personal information within the metaverse
  3. Digital Currency Scams: The risk of financial loss through the theft of digital currencies remains a concern in the metaverse. Despite the existence of blockchain technology, which is meant to provide secure transactions, several high-profile crypto hacks have occurred in recent years. The transfer of cryptocurrencies relies on a secure platform managed by two-factor authentication, but cybercrime tactics such as SIM-swapping and email phishing can bypass authentication, making transactions vulnerable to theft. Social engineering may also be used to carry out scams, and it is important not to assume that funds in the metaverse are immune to theft simply because they are not in a traditional banking network.

In conclusion, while the metaverse offers numerous opportunities and endless possibilities, it is important to address these cybersecurity concerns in order to ensure a safe and secure virtual world for all users.

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