,

Say Goodbye To The Password – Integrating Security, Biological Data & Your Bank Account

Integrated Biometrics Security

Biometrics have held a home in many a sci-fi fan’s heart for decades now.

Does the phrase, “Open the pod bay doors” mean anything to you?

What is Biometrics Data?

Use of biological data (fingerprints, voice, retinas and more) as an access tool used to be reserved to television sets and movie theaters.

Star Trek made great use of biometric technology for storytelling.

  • Voice ID – A spaceship capable of identifying different passengers by their voice and more
  • Retina Scan – Passengers using retina data to access specific data
  • Basic Vitals – With a device called a “Tricoder” body scans when done that would give data on lifeforms, vitals and medical information.
  • Face Recognition – Face scans allowed characters to gain access into “Darkness”

Now, Star Trek was not alone in the creative use of biometrics for storytelling. Other films and shows have taken their own spin on futuristic uses of biometric data as well.

Biometrics Security In Reality

These days we have access to many forms of biometric security . . . many times at the tip of our fingers (pun intended).

The modern day smartphone has a fingerprint scan to unlock the phone, facial scanners that recognize eye contact directed at the screen, voice activated IA (think Apple’s Siri) and more.

At work, biometric scanners grant access to buildings and zones or clock employees in and out.

Facial recognition software allows government entities to find criminals and missing persons.

It is safe to say that the future of Biometrics has arrived and with ongoing advances in technology, these scans and devices will become more available for developers and engineers to integrate into our daily lives.

Just last week we published an article on different tips and tricks for best password practices.

Dual authentication increases security of your accounts in a big way. There are a few different options available. Users generate random number and sent it to their phone/email or some provide separate applications that generate timed codes themselves to use.

With Biometric data, dual authentication can use fingerprints, voice, face recognition or any other number of biological data points to ensure only the correct user has access to whatever is being protected.

The Use of Biometrics Data in Financial Institutes

To take this a step further, specific institutions such as banks and other financial services are producing their own biometric dual authentication applications for added security and protections.

Most banks have apps for phone access. This is almost a must for the industry and a commodity for users these days.

With heightened regulations and cyber threats every day, companies like Wells Fargo, Barclays, Citigroup and more are looking to security professionals and app developers to integrate biometrics with cell phone applications and produce security powerhouses.

With one out of every 2500 calls into financial institutions cited as a fraud call. It is in both the user and bank’s best interest to bring on this added level of security.

Companies like EyeVerify are developing applications. These applications make use of current/future technologies in smartphones to perform retina scans on the go. This is the perfect answer to the financial industries ongoing battle for user security and increased dual authentication practices.

Keep on the lookout for biometric advancement and integration across the tech and security sphere.

If you believe added layers of security or authentication via biometric data could improve your day to day or have a question, feel free to contact our account management team.