With the introduction of the blockchain technology and next generation Web3 internet, Identity Management Institute offers a metaverse certification training course with a focus on security as metaverse security will have a significant importance while the world continues to explore new possibilities in the digital world. The metaverse where everyone will be immersed to socialize and conduct business with decentralized platforms and new payment systems is the next logical step in the evolution of the internet as top tech players like Facebook are investing to make it happen. The metaverse will incorporate integrated blockchain applications with virtual reality (VR), augmented reality (AR), and mixed reality (MR) to support user interaction. This will change the internet like never before as users will transverse the net using digital avatars and other digital assets. This transition from Web2 to Web3 will not be without cost as new metaverse security risks will be introduced.
Metaverse Security Threats and Risks
The metaverse is currently live on platforms such as Decentraland and Sandbox but will expand and evolve by major tech giants to offer more alternatives. As the metaverse grows, cybercriminals will be looking for loopholes to rig the system and steal valuable assets and confidential data. The importance of metaverse security will be significant as cybersecurity will be necessary to ensure the safety of users’ data and assets.
Big tech players like Facebook and Nvidia, being at the helm of the metaverse realization, have recognized the growth potential as the metaverse market size will increase from $40 billion in 2021 to an estimated $1600 billion worth in 2030. This may be good news for many metaverse players, but it also offers many concerns as the world is venturing into the unknown at a very fast rate. Some of the metaverse security concerns include:
The metaverse users have the freedom to use an avatar of their personal choice which will be used and recognized across many platforms. These avatars are associated with the distinct real-life identity of the users. This poses a huge risk as the accounts can be hacked and the digital avatars taken over. The authenticity of the user identity will be of great importance in metaverse security management.
The cyber security risks that the metaverse users face are somehow similar to those of the current internet users, such as malware, phishing, data hacking, etc. However, the immersive aspect of the interactive metaverse and the exchange of digital assets raise the possibility of new risks that cybersecurity professionals must be able to identify and address. Criminals are always looking for new exploitation methods; therefore, cybersecurity frameworks and governance need to be updated and improved.
It is unclear to what extent the current privacy regulations will apply to the metaverse or if they need to be expanded to address metaverse user privacy, and protect users’ personally identifiable information (PII). This is a major threat as the amount of personal data collected by various platforms and artificial intelligence will surely increase.
Cryptocurrency and Digital Assets
Digital currencies and digital assets such as NFTs are largely used in the metaverse and may be targets of attacks. Digital currency payments must be verified alongside the person’s identity to prevent fraud.
Importance of Metaverse Security
The metaverse is a new digital environment and the world must be prepared for the new security risks. Metaverse security matters greatly as it ensure a safe environment for the users in this new digital dimension. It addresses cyberbullying, exploitation of sensitive information, and property theft which are currently major concerns on the internet. Metaverse security also involves predicting new methods cyber criminals may deploy to exploit metaverse users and mitigate the risks before they become bigger issues.
The metaverse is humanity’s new technological step forward. It has seen massive growth and is expected to be worth just above $1600 billion by 2030. This proves that the metaverse is a gold mine for cyber criminals, with experts agreeing that data surveillance, collection, and extraction will present major risks which is why data and assets need to be secured, making metaverse security an integral part of the future. Users demand safety when going about their tasks on the internet, even if it is on a platform that is a blend of virtual and real things. For metaverse to be accepted and trusted, security must be strong and transparent.
Learning About Metaverse Security
To learn about metaverse security, get certified, and become experts in metaverse security. Interested professionals can take IMI’s metaverse certification training course online to excel in their careers. The Certified Metaverse Security Consultant (CMSC)™ certification offers the following critical risk domains:
Critical Risk Domains
- Metaverse Security Overview
- Web3 Model and Architecture
- Metaverse Security Threats
- Metaverse Security Risks
- Metaverse Security Countermeasures
Metaverse Security Risks
- Blockchain and Smart Contract
- Decentralized Identity and dApps
- NFT and Crypto
- AI and Data Management
- Ethics, Privacy, and Compliance
- IoT, Wearables, AR/VR
- Phishing and Social Engineering
- Identity Theft and Cybercrime
Metaverse Security Consultant Career
The future is bright for metaverse security consultants as they are at the forefront of an emerging change in the internet. Metaverse security consultants will be highly sought after as various companies expand into the Web3 digital world. As long as cybersecurity professional have the skills to identify metaverse security threats and propose solutions to prevent identity theft and fraud as well as many other unimagined consequences, they can find career opportunities in metaverse security.
Metaverse Certification Training Course
Metaverse may currently be just a buzzword, but it is the center of the new internet. Cybersecurity professionals must keep up with the trend and undertake a metaverse certification training course to get certified in metaverse security. The current internet may soon become obsolete and cybersecurity professionals must keep up with the changing world to remain employable.
The metaverse is being pushed by the big players in tech like Facebook, Nvidia, Microsoft, Amazon, etc. Being trained and certified in metaverse security increases one’s chances of being an attractive candidate in the cybersecurity field and hired by the progressive metaverse companies.
Consider the Certified Metaverse Security Consultant (CMSC)™ certification to prepare for the future of the Internet now. Apply now for a risk-free review and approval to receive your CMSC credential.