METAVERSE OFFERS FRAUDSTERS NEW OPENINGS FOR CYBER-SWINDLES
November 22nd, 2022
It is ‘de rigeur’ for tech publications to define the ‘metaverse’ - Wikipedia is perhaps most succinct - ‘a metaverse is a network of 3D virtual worlds focused on social connection’ (1). As for their fraud risk, there is a growing consensus that the metaverse offers fraudsters and cybercriminals significant opportunities to exploit this growing network of IT systems integrating virtual or augmented reality (VR and AR).
Stamford, USA-based tech consultancy and research firm Gartner has predicted “25% of people will spend at least one hour per day in ...
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