Microsoft has some serious reservations about working in the metaverse

Date:
Thu, 31 Mar 2022 17:04:48 +0000

Description:
As the metaverse expands, fraudsters are bound to come in heaps, Microsoft anticipates.

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For Microsoft, the merging of the metaverse and the business world is inevitable, and therefore, something to be prepared for - especially from a security perspective.

In a blog post written by Charlie Bell, the companys Executive Vice President for Security, Compliance, Identity, and Management, the company notes that
the metaverse, just as any other quantum leap in technology, brings with it various fraudsters, wheelers-dealers, and other suspicious-looking types.

There is an inherent social engineering advantage with the novelty of any new technology, Bell says, anticipating that the Business Email Compromise (BEC) attack, for example, could transform into something like a Business Avatar Compromise. TechRadar needs you!

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In the metaverse, fraud and phishing attacks targeting your identity could come from a familiar face literally like an avatar who impersonates your coworker, instead of a misleading domain name or email address, he continues. In other words, when you put on your business VR headset and go meet your
boss - you might instead be meeting a fraudster looking to steal your money.

The metaverse is still taking baby steps, but as with any other technology - adoption moves first slowly, then suddenly. Its high time, Bell argues, to create a solid cybersecurity foundation for a new way of working and collaborating .

We have one chance at the start of this era to establish specific, core security principles that foster trust and peace of mind for metaverse experiences, he continues.

The metaverse is a great opportunity to boost productivity - one we shouldn't miss, he adds.

If we miss this opportunity, well needlessly deter the adoption of technologies with great potential for improving accessibility, collaboration and business. The security community must work together to build a foundation to safely work, shop and play. Read more

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That being said, Bell calls for absolute unity among companies - including rivals, as they work on these foundations.

Weve long known that security is a team sport, and no single vendor, product or technology can go it alone in protection. Solving for identity in the metaverse is a top concern, he claims, adding that transparency and interoperability need to be sewn deeply into the fabric of the metaverse, if the technology is to take off, properly.

Lets make the lessons weve learned about identity, transparency and the security communitys powerful collaboration our top ideals to enable this next wave of technology to reach its full potential, Bell finishes. Until the metaverse arrives, we'll still need to do video conference calls - so try these amazing tools



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Link to news story: https://www.techradar.com/news/microsoft-has-some-serious-reservations-about-w orking-in-the-metaverse/


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