NYT Room for Debate: "Biometrics and Banking"
Marlene Breverman stashed this in Biometrics
To better secure financial data, some of the biggest banks have begun substituting customer passwords with biometric scans of uniquely identifying traits, like fingerprints and facial contours. Reliance on these personal features, which are extremely hard to copy, takes the security onus off of customers, who may well use the same easy-to-guess password for all of their internet accounts.
But is it really safe to trust banks with this kind of personal, and permanent, identifying data?
http://www.nytimes.com/roomfordebate/2016/07/05/biometrics-and-banking
Stashed in:
DEBATERS:
Biometrics Are a Grave Threat to Privacy
CLAIRE GARTLAND, ELECTRONIC PRIVACY INFORMATION CENTER
Instead of credit monitoring, will breached companies offer their customers plastic surgery?
Better Bank Security and Customer Convenience
SAMIR NANAVATI, CO-AUTHOR, "BIOMETRICS"
Today’s biometric systems are quick and simple, and issues with selecting, remembering and resetting passwords are mitigated.
Biometrics in Banking Is Not Secure
YANA WELINDER, CENTER FOR INTERNET & SOCIETY
Being particularly susceptible to attacks, banks should think twice about generating a honeypot of such personal data
The Need for Biometrics Goes Beyond Banks
JAMES LEWIS, CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES IN WASHINGTON
Passwords are a leftover from the stone age of computing. They survive because people prefer convenience to security.
Well captured.
11:14 AM Jul 05 2016