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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consensus 2023 Presented by CoinDesk | April 26-28, 2023Join the most important conversation in crypto and Web3 at Consensus2023. Take advantage of our CyberMonday deal before 11:59 p.m. ET on Nov. 30 and grab your free passes to Consensus2023 👉
Read more »
Here Are the Candidates Who Filed Petitions to Run for Chicago City Council in 2023Monday marked the final day that candidates were eligible to file nominating petitions for the 2023 Chicago municipal elections, and the races to determine the makeup the Chicago City Council have begun to take shape.
Read more »
Rates and recession: European shares face rocky start to 2023 - Reuters pollTightening financial conditions and the prospect of an economic recession are going to be a toxic brew for European shares going into 2023 with a key regional benchmark seen sliding towards October lows, a Reuters poll has found.
Read more »
Starship Troopers: Extermination Announced For 2023ICYMI: Offworld Industries have partnered with Sony Pictures Consumer Products for a brand new video game called Starship Troopers: Extermination.
Read more »
Larry Mullen Jr. Says U2 Tour Is Not Likely for 2023, as He Faces SurgeryAnyone hoping that 2023 will bring a tour from U2, which last hit the road in 2019, may be in for some disappointment. Drummer Larry Mullen Jr. says in a new interview that if U2 did tour next year…
Read more »
3 Trends for the Cryptocurrency Market in 2023Three categories may be highlight of 2023 as they are focused on solving this year's big issues
Read more »