Abstract
The Metaverse is the next paradigm of computing and a combination of the words next and the universe.
Immersive technology such as Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), and
Extended Reality (XR) have been emerging at a fast pace in recent years. The Metaverse aims to solve the
limited social dynamic of using the internet for communications. Since the Covid-19 pandemic, the internet
has been used for education, work, and gaming in a more immersive method than ever before. However, the
problem the Metaverse aims to solve is the social limitations of using technology such as Microsoft teams. In
this paper, we address the opportunities of the Metaverse, such as online gaming and an enhanced 3D virtual
community life, alongside the potential of cyber risk and security issues, such as data privacy and information
security. We complement our paper with a risk assessment of the Metaverse, particularly focusing on risks
associated with cybersecurity.
Immersive technology such as Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), and
Extended Reality (XR) have been emerging at a fast pace in recent years. The Metaverse aims to solve the
limited social dynamic of using the internet for communications. Since the Covid-19 pandemic, the internet
has been used for education, work, and gaming in a more immersive method than ever before. However, the
problem the Metaverse aims to solve is the social limitations of using technology such as Microsoft teams. In
this paper, we address the opportunities of the Metaverse, such as online gaming and an enhanced 3D virtual
community life, alongside the potential of cyber risk and security issues, such as data privacy and information
security. We complement our paper with a risk assessment of the Metaverse, particularly focusing on risks
associated with cybersecurity.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 5th International Conference on Finance, Economics, Management and IT Business - FEMIB |
| Publisher | SciTePress |
| Pages | 107-113 |
| ISBN (Electronic) | 9789897586460 |
| DOIs | |
| Publication status | Published - 2023 |
| Event | 5th International Conference on Finance, Economics, Management and IT Business - Prague, Czech Republic Duration: 23 Apr 2023 → 24 Apr 2023 https://femib.scitevents.org/?y=2023 |
Conference
| Conference | 5th International Conference on Finance, Economics, Management and IT Business |
|---|---|
| Abbreviated title | FEMIB |
| Country/Territory | Czech Republic |
| City | Prague |
| Period | 23/04/23 → 24/04/23 |
| Internet address |