Using biometrics to understand your business's risk profile
Derek Northrope · Biometric Technology Today · 2016
Today's security landscape is complex. The cost to organisations of cyber fraud and hacking continues to rise, while customers and citizens alike are losing faith in organisations' ability to keep their transactions secure. Recent research from Cisco revealed that only 54% felt confident that companies had the right measures in place, while 41% of security professionals are more concerned with security compared to three years ago1. Hackers are becoming more sophisticated in their ability to steal data, transfer funds or cause targeted damage, while digital identity and security are now key issues for organisations and consumers worldwide. So with even the most complex passwords alone no longer seen as sufficient, biometrics technology is increasingly being adopted across a variety of sectors.