biometrics password privacy

Biometrics are the Future

Veridium Author | June 3, 2016

The Weekly Cypher is specially curated to keep you up-to-date on the latest in cybersecurity, biometrics, and related news and innovations. This week’s topics are:

Which Biometric is the Best? | Security Systems News

As biometrics grow in popularity, the question businesses should be asking isn’t “should I adopt,” but “which one should I adopt?” Security Systems News recently explored four different biometrics – facial recognition, iris scan, fingerprints, and hand geometry – to determine which will become the most prevalent as more companies invest in biometric authentication. A panel considered factors such as ease of spoofing, accessibility, quality of imaging, and more. [Read More]

Cyberfraud is the Financial Industry’s Biggest Threat | Point B & Beyond

Mary Jo White, chairwoman of the U.S. Securities and Exchange Commission, recently named cybersecurity, namely fraud, as the biggest risk facing the global financial system today. White noted that, despite preparedness and awareness of the threat, most organizations simply don’t have policies and procedures in place tailored to their unique needs to ensure protection from fraud. She also said that internal controls are the weakest link in security, contributing to about 60 percent of all financial fraud in North America. [Read More]

Biometrics and Two-Factor Authentication are Security Necessities | ITProPortal

Security experts believe that passwords are simply no longer enough to protect individuals and companies from hackers. Steven Watts, co-founder of SecurEnvoy, recently discussed this challenges and how two-factor authentication and biometrics are now necessities in cybersecurity. Watts cited striking a balance between security and convenience as a key component in this change, however, as security improvements are only as effective as their acceptance rate among end users. [Read More]

The Death of the Password is Upon Us | EnterpriseAppsTech

As technology evolves, we need to move with it, adopting the latest, greatest solutions and abandoning outdated tools and methodologies. Usernames and passwords have been in use for decades, but with multi factor authentication solutions providing significantly more security, it’s time to drop the ineffective and embrace tools that truly secure data access. Combined with social and mobile technologies, there’s very little reason for anyone to rely solely on usernames and passwords in the modern digital age. [Read More]

Biometrics Privacy at Stake in the US | Various

On Friday, May 27, The Verge reported that an Illinois state senator proposed a revision to the state’s biometrics act – one of the strongest biometrics privacy laws in the country. These revisions would undercut recent and ongoing lawsuits against Facebook, Google, and Snapchat for photo tagging. The issue at hand is that the law protects Illinois citizens from biometric face prints being produced without their consent, or without notifying them. According to the news source, and Fortune, it was rumored that Google, and Facebook in particular, were lobbying behind the revised bill, which would make preexisting photographs exempt from the law. However, the proposal failed to pass before the Illinois legislature concluded its current season, Fortune reported. This effective put the amendment “on hold,” over the summer months.

This news also came at the same time it was announced that the Connecticut General Assembly was considering a bill that would provide similar protections for its residents. According to Government Technology, the bill would prohibit facial recognition technology for commercial use without prior consent from consumers. These bills provide crucial protection for consumer privacy, but some businesses argue that they stunt their ability to grow and adapt this technology for innovative new uses. [Read More 1, 2, 3, 4]

Share this article: