In recent months, the metaverse Has drawn help from companies like meta formerly known as Facebook & Ralph Lauren, racing to get their foot in the door. But these companies may not see the success they wish for unless cyber security risks in the metaverse are addressed.
Cybercrime in the real world is already becoming more and more rampant the cyber security thread in the metaverse is also a thing to think about.
Prabhu Ram, head of the industry intelligence group at CyberMedia Research, a research and consulting firm addressing the point of cybersecurity threat said, “Since the contours and potential of metaverse are yet to be fully realized, the overt concerns around privacy and security issues in the metaverse remain confined to only a few ‘tech-aware’ companies,”
“As new attack vectors emerge, they will require a fundamental realignment of today’s security paradigms to identify, verify and secure the metaverse,” he added.
“Verifiable credentials [should be] easily structured to enable easier identification of fellow community or team members or to enable configurable access to varying virtual world locations and experiences,” according to the white paper released by JP Morgan.
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As users leave data trails around the metaverse, one major problem in the real world may also cross into the virtual reality world — the invasion of user privacy by tech companies.
When users wear devices like virtual reality headsets, organizations can collect data such as their head and eye movement or voice, said Philip Rosedale, founder of Second Life, an online world that allows people to hang out, eat, and shop virtually.