. Furthermore, there may be less supervision and regulation over how businesses gather and use this data, which might result in the misuse of personal data.
Malware: To access sensitive data or carry out illicit operations, criminals may use malware to infect virtual environments or devices that support the metaverse. Creating fake digital assets: Criminals may make false virtual assets and sell them to unwary buyers, causing the victims to suffer financial loss.to win over people’s trust before defrauding them.The “Crypto Crime Cartel” case is one real-world instance of cybercrime in the metaverse. In 2020, it was discovered that a group of cybercriminals had been working in the metaverse, more specifically in the online community of Second Life.
into thinking that their money is being put toward a successful project when, in reality, the returns are being paid from the contributions of new investors rather than from any genuine business gains. Moreover, criminals may use the metaverse to conduct financial transactions that are not reported to tax authorities in order to evade taxes.
Cyberstalking: This can involve persistently sending unwelcome messages or following someone online with the intention of intimidating or harassing them. When disclosing personal information, exercise caution: Be cautious when sharing information online and be on the lookout for unauthorized requests for personal information..
Source: Law Daily Report (lawdailyreport.net)
Deleted my Facebook account years ago and will never have anything to do with that company. Problem solved.
Cybercriminals may target the metaverse in a variety of ways, including: Phishing scams: Thieves may employ phishing techniques to deceive victims into disclosing personal information or login credentials, which can then be used for identity or data theft or other unlawful acts.
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