Hackers could impersonate users to steal credentials or launch ransomware attacks.

Microsoft’s head of securityCharlie Bellrecently said in ablog postthat the novelty of the metaverse could pose challenges.

But Bell said the seemingly familiar faces would present some unique security risks.

A concept image of the metaverse with a person working on a virtual screen surrounded by lights indicating virtual data.

Weiquan Lin / Getty Images

“It could be an avatar of a teller in a virtual bank lobby asking for your information.

One area of concern that researchers pointed to involves cryptocurrency.

“A user’s cryptocurrency wallet holds all of their digital assets (collectibles, cryptocurrency, etc.)

Someone using VR glasses outdoors in the city at dusk.

Eugenio Marongiu / Getty Images

The metaverse holds privacy risks as well.

Staying Safe

To stay completely safe, McGladrey advises that you wait to consider joining the metaverse.