With the growth of the Metaverse, a new arena for crime is emerging – Metacrime. Companies can be affected in different ways. In collaboration, attackers can intercept, manipulate, delete, or inject data undetected through man-in-the-middle attacks by eavesdropping and spying. They can use deepfake technologies to imitate real people and use fake avatars for illegal… Continue reading Metacrime – Investigations in the Metaverse
Tag: digital economy
Beijing unveils two-year Metaverse plan
China is now taking the Metaverse for a big leap. The project is based on the Beijing Urban Sub-Center Metaverse Innovation and Development Action Plan (2022- 2024), which was published in August 2022. The Chinese capital’s innovation plan stipulates that all urban districts should increasingly promote industries and companies that have a connection to the… Continue reading Beijing unveils two-year Metaverse plan
First Tribunal for Data Resources Established
China continues to forge ahead in the development of the digital economy. For example, on May 18, 2022, China’s first professional court to handle cases related to data resources was established – the Data Resource Tribunal of Wenzhou Ouhai District People’s Court. The background: with the development of the digital economy, the production, storage, use… Continue reading First Tribunal for Data Resources Established
Politics of the Common Good: What Companies Need to Watch Out For
A policy change is underway in China that is causing foreign companies to strategically reevaluate how they do business. The goal of the new policy is to strengthen the common good through more intensive control of markets. The relevant document is the Opinions on Accelerating the Construction of a Single National Market of China of… Continue reading Politics of the Common Good: What Companies Need to Watch Out For
Data Protection: Obstacle to the Digital Economy?
There are new proposals for data management and cross-border data transfer. For example, the issues of data ownership, use, processing and control should be clarified. Data privacy, trade secrets and national security should be regulated in certain use scenarios such as Big Data marketing, corporate data sharing and cross-border data flows. Regulation of cross-border data… Continue reading Data Protection: Obstacle to the Digital Economy?
Blockchain Makes Evidence Secure
The use of public blockchains and cryptocurrency trading have been heavily restricted in China since 2017. However, in 2019, the Chinese government realized that this technology is not only a risk of losing control, but can be very useful. Since then, it has been trying to target blockchain technology to improve cybersecurity and build a… Continue reading Blockchain Makes Evidence Secure
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