FierceFinanceFierceFinanceITFierceComplianceIT   FierceCIO

Where will biometrics make the first inroads?

There has been a lot of talk recently about banks deploying biometric-based technologies as a security tool. It's fair to say that the technology will find its place in the industry. The ISO just issued a standard for financial services firms. It's still unclear which applications will ramp up fastest. The idea has been floated as a consumer solution, especially for online use, which makes a lot of sense. But the consumer market may be the toughest to crack. Internally, we're seeing faster adoption, notes Wall Street & Technology. Some apparently are using the technology to restrict access to vaults. People are talking about using it to authenticate traders, to prevent rogue trading. There's talk of programs to monitor such things as keystroke rhythms and, of course, voice recognition. Can retinal scans be far behind? 

For more:
- here's the Wall Street & Technology article

Related Article:
Aberdeen looks at beset-in-class security trends
Security flaws at bank websites?
Is your IT security system up to Sarbox standards?

SHARE WITH:
Email Twitter Facebook LinkedIn StumbleUpon
Get Your FREE FierceFinanceIT Email Newsletter:
Be the first to comment

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.