Some experts argue against biometrics in banking
21 December, 2010
category: Biometrics, Digital ID, Financial
As more biometric solutions intended for online transactions and accessing online bank accounts are being developed some are arguing that fingerprint-based biometrics are not robust enough to be trusted with banking access, according to an article from The Engineer.
Beyond the fear of access, others, such as Barclays Bank, fear privacy issues would come up in a switch to biometric authentication as well.
One newcomer to the market is Southampton University masters student Sara Alotaibi FingerID software. Many see solutions such as Alotaibi’s FingerID as a very viable one as it stores the user’s fingerprint only on the user’s computer putting the responsibility of securing one’s personal data on the user himself rather than the businesses or services a user is accessing with his fingerprint.
Despite this, experts such as professor in security engineering at the University of Cambridge Computer Laboratory, Ross Anderson, see other issues such as the difficulty elderly people have using fingerprint scanners due to poor fingerprint samples and fingerprints still being most commonly associated with criminal behavior.
Read the full story here.