PARIS, August 23 (Benin News/EP) –
A new report from cybersecurity firm Trend Micro warns of the existence of a “darkverse”. from covert crimes to law enforcement, which might rapidly evolve to fuel a new metaverse cybercrime industry.
This article, titled “Metaverse or MetaWorse?” Cybersecurity Threats to the Internet of Experiences, emphasizes the importance of the technology sector being one step ahead of other sectors. cybercrime threats in this new era of the internet.. According to Trend Micro, the darkverse will resemble a metaverse version of the dark web, allowing threat actors to coordinate and carry out illegal activities with impunity.
“Given the high costs and jurisdictional challenges, law enforcement will struggle to control the metaverse in general in its early years. The security community must intervene now or risks a new Wild West developing on our digital doorstep.“, said Bill Malik, vice president of infrastructure strategies at Trend Micro.
Underground markets operating in the darkverse would be impossible for law enforcement to infiltrate without the proper authentication tokens. Since users can only access these spaces if they are in a designated physical location, there is an additional level of protection for closed criminal communities.
TOP FIVE THREATS
The report identifies five main threats to the metaverse. In this regard, they warn once morest NFTs (non-fungible tokens) are will be affected by phishing, ransomware and fraud. and other attacks, which will be increasingly targeted as NFTs become an important property in the metaverse to regulate ownership. The sheer volume of e-commerce transactions in the metaverse will be a magnet for criminals and criminal groups.
The “darkverse” will become the place of predilection for carrying out illegal or criminal activities, because it will be difficult for law enforcement to track, monitor and infiltrate. In fact, it may be years before law enforcement agencies catch up,” the cybersecurity experts add. Another potential threat is money laundering through the use of overvalued real estate in the metaverse.. Again, in this virtual setting, FTNs will provide “a new outlet for criminals to clean up money”.
Social engineering, propaganda and “fake news” will also have a profound impact in a cyber-physical world.. “Criminals and state actors will use influential narratives that target vulnerable and problem-sensitive groups,” the document adds.
Finally, Trend Micro experts point out that privacy will be redefined, as operators of metaverse spaces will have unprecedented visibility into user actions.basically when using their worlds. “Participation in the metaverse comes at a cost to the user’s privacy. superior to the use of current social networks“they conclude.
TRADITIONAL ATTACKS WILL ADAPT
As with any new technology, proven attacks will persist in this new space, according to the report. Attacks such as Distributed Denial of Service (DDoS) extortion, ransomware, API abuse, and vulnerable devices will impact the metaverse. These methods may be the first to be used by malicious actors, as they are well known and understood.
Similarly, cybercriminals might seek to compromise the “digital twin” spaces managed by critical infrastructure operators to sabotage or extort industrial systems. They might also deploy “malware” into metaverse users’ full-actuator suits to cause physical harm. “Assaults on avatars have already been reported on several occasions,” they detail.
“The Metaverse is a multi-billion dollar high-tech vision that will define the next era of the internet. We don’t know exactly how this will play out, however, we need to start thinking now regarding how it will be exploited by threat actors,” Mr. Malik concludes by inviting technologists to anticipate these possible scenarios.