The Metaverse will be a delicious bite for hackers – Computerworld

Security experts warn that the metaverse may soon become a hotbed of fraud and cyber attacks. Such an environment – and despite the fact that work on it is still in its infancy – seems to be especially vulnerable to various types of attacks, which today is difficult to imagine due to its peculiarity in the fact that it combines the real and the real. A virtual world.

Such an area is not subject to any legal regulations yet, which has already been noticed by all kinds of cybercriminals, who see it as an opportunity to do more illegal and very profitable business.

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The first attempts to attack the metaverse are similar to the situation many years ago, when the Internet was in its infancy. It was then that the hackers began pretending to be legitimate sellers of certain goods or services, deceiving their victims into giving them confidential data, which was then used to steal from them.

With the passage of time, internet users became aware of these practices and hackers had to use more sophisticated methods to attack computers to steal confidential data from them. In the case of a metaverse environment it could be the same, as it would be something completely new for most users at first. This environment is often combined with other innovative technologies, such as cryptocurrencies, that the average Internet user has not yet dealt with.

Therefore, it is likely that attacks on the metaverse environment will attempt to use the pieces of code that are nested in blockchain chains that support a new type of smart transaction made with cryptocurrencies.

In theory, these transactions ensure that the buyer receives a digital asset such as an NFT after payment, but fraudsters can actually create malicious smart contracts that do not do what they advertise. This is made worse by the fact that the blockchain architecture is decentralized and therefore certain assets cannot be returned to their rightful owners.