A new report by cybersecurity company Trend Micro states that a ‘dark verse‘ or the ‘dark verse’ of crime concealed from law enforcement that could rapidly evolve to fuel a new metaverse-related cybercrime industry.
This document, ‘Metaverse or MetaWorse? Cybersecurity Threats Against the Internet of Experience focuses on the importance of the technology sector in anticipating cybercrime threats in this new Internet era. As envisioned by Trend Micro, the ‘dark universe’ would look like a metaverse version of the universe. ‘dark web’, It will allow threat actors to coordinate and conduct illegal activities with impunity.
“Given the high costs and challenges in jurisdiction, law enforcement will have a hard time controlling the metaverse overall in its early years. The security community must step in now or risk development.” A new Wild West at our digital gatesBill Malik, Vice President of Infrastructure Strategies at Trend Micro, said:
Underground markets operating in the ‘dark universe’ impossible to infiltrate to the police without the correct authentication tokens. There is an additional level of protection for closed criminal communities as users can only access these areas if they are within a designated physical location.
Top five threats
The report identifies five major threats to the metadata store. In this sense, NFTs (immutable tokens)’phishing‘, recovery packages, fraud and other attacks that will be subject to increasing attacks as NFTs become a large metastore entity for regulating ownership. The volume of e-commerce transactions in the metadata will be a magnet for criminals and criminal groups.
“The ‘dark universe’ will be the place of reference for conducting illegal or criminal activities because it will be difficult for law enforcement to monitor, monitor and infiltrate. In fact, It could take years for the police to catch up.”, add cybersecurity experts. Another potential threat is money laundering through the use of overvalued real estate in the metadatabase. Again, in this virtual context, NFTs 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 government officials will be employed Effective narratives targeting vulnerable and vulnerable groups to specific issues,” the document adds.
Finally, Trend Micro experts point out: privacy Metastore operators will essentially be redefined as they will have unprecedented visibility into user actions while using their own world. They conclude that “joining the Metaverse will have a greater cost to user privacy than even the use of existing social networks.”
Attacks will adapt
As with any new technology, proven attacks will continue in this new area, according to the report. Attacks such as distributed denial of service (DDoS) extortion will affect ransomware, API abuse, and metadata storage for vulnerable devices. Because these methods are well known and understood, they may be the first to be used by malicious actors.
Likewise, cybercriminals “digital twinsIt is managed by critical infrastructure operators to sabotage or blackmail industrial systems. Or they could distribute ‘malware’ to full body actuator suites of metaverse users. physical damages. “Attacks against avatars have already been reported several times,” they say.
“The Metaverse is a high-tech, multi-billion dollar vision that will define the next Internet era. While we don’t know exactly how it will turn out, we need to start thinking about what it will look like now.” exploited by threat actors” Malik concludes and urges tech companies to anticipate these possible scenarios.