. The metaverse initially appeared in Neal Stephenson’s science fiction novel Snow Crash, and there have been numerous variations since then, especially when the game industry became aware of it. As seen by games like Second Life, Eve Online, and even GTA and Red Dead Online, these versions have cultivated the concept. Despite its extensive history in the realm of technology, the concept of the metaverse remains a little vague. It’s most likely because the current development of the metaverse is planned to take place through Facebook and promises to embody the internet’s future generation. It symbolises the concept of an immersive, next-generation virtual 3D world that promises to connect various digital areas in a digitised version of the real world. While the prospect of a transformed digital world seems thrilling in and of itself, it has raised various security concerns, prompting the big question: how will the metaverse affect cybersecurity in 2022?
The metaverse’s top cybersecurity worries
Although the particular concepts underlying the metaverse are a little vague, privacy and security issues have developed. There are a lot of theories about how it will affect cybersecurity and what the main security problems are that need to be addressed right now.
In terms of having a virtual existence in 2020 and 2021, we are already aware of some of the cybersecurity vulnerabilities that are most likely to arise within the metaverse. When statistical data is examined, it is safe to foresee an increase in typical cybersecurity threats such as phishing. Furthermore, the development phases provide pointers to potential cybersecurity issues for the year 2022. Since the majority of hacks and scams have begun to occur, scenarios such as:
• NFTs are critical as the metaverse economy’s nerve core. There may already be an increase in NFT frauds, such as the sale of counterfeit NFTs.
• Malicious smart contracts duping users and getting access to personal information or bitcoin wallets has been reported.
• The use of vulnerable AR/VR devices as an entry point for malware and data breaches.
• A issue that arose as a result of the widespread use of virtual reality glasses. There will most certainly be an increase in blockchain frauds using ostensibly reputable financial institutions.
The most pressing worry about the Metaverse, though, is data privacy and security, which will almost certainly remain at risk for a variety of reasons.
With the metaverse, how will cybersecurity be in 2022?
It’s difficult to draw clear borders around how the metaverse can affect cybersecurity because the concept has yet to be realised. However, conclusions may be drawn based on the workings of previous “metaverses” conjured up by the game industry, as well as other security issues surrounding the concept.
Since the notion of the Metaverse made the headlines, there has been a surge in cybercriminal activity, as seen by the rise in NFT frauds. Because these frauds use social engineering techniques, it’s fair to assume that social engineering assaults will continue. In fact, when the metaverse takes shape, there will very certainly be an increase in attacks.
Because the Metaverse will hold such a large amount of sensitive data, there will almost certainly be an increase in hack assaults. Along with that, there’s the obvious impact on data privacy. If things stay susceptible, there may be a lot of hacking and data theft, which would be bad for everyone. Scams and virus attacks are on the rise as a result of this.
The fact that the metaverse is founded on blockchain technology is undoubtedly the most alarming aspect. While this technology is safe, it is not completely immune to security flaws. Furthermore, it is decentralised, as there is no designated administrator or moderator to maintain command and control. There will be no way to recover stolen or fraudulently obtained assets with such a lack of power.
Because the Metaverse will be based on avatars, there will be no easy way to track out cybercriminals. As evidenced by the dark web, anybody may deceive the digital environment.
Incorporating cybersecurity into the metaverse
Because the metaverse will bring a slew of cybersecurity challenges with it, it will be critical to put in place strong cybersecurity safeguards and processes. For starters, numerous solutions such as VPNs, proxies, and antimalware software will be required to offer improved endpoint protection. However, it is critical that things do not end there.
As social engineering and phishing attempts become more common, there will be a greater need to raise awareness about these risks. In truth, cybersecurity necessitates a holistic strategy in its whole, focusing on the requirement for a proper combination of security solutions as well as suitable cybersecurity knowledge.
Many firms will also need to plan ahead and utilise theta hunting, penetration testing, and vulnerability assessments to guarantee that their security systems are safe, secure, and uncompromising. We can only achieve a cyber secure 2022 with the metaverse if each individual recognises the critical need to secure himself and understands the hazards connected with even the tiniest degree of negligence.