Scammers, hackers and other bad actors could be heading to the Metaverse in 2023 to target unprotected users and platforms. Just as they have with social media and crypto.
Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become a big target next year, according to cybersecurity experts.on Nov. 28, cybersecurity firm Kaspersky forewarned that there will be greater exploitation of the Metaverse due to lacking data protection and moderation rules.
Kaspersky acknowledged there are currently only a handful of metaverse platforms, but the number of metaverses is set to expand in the coming years and the market could even top. That expansion will entice cyber criminals to the ecosystem seeking to exploit unwitting virtual world participants. “As the metaverse experience is universal and does not obey regional data protection laws, such as GDPR, this might create complex conflicts between the requirements of the regulations regarding data breach notification.”
Social media is already a hotbed of data breach activity so it stands to reason that the Metaverse will be an extension of this. As reported by Cointelegraph earlier this year, Social media was responsible for more than $1 billion inKaspersky also predicted that virtual abuse and sexual assault will spill over into Metaverse ecosystems. It mentioned cases of “avatar rape and abuse” adding that without protection mechanisms or moderation rules “this scary trend is likely to follow us into 2023.
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