PayPal Study Finds Consumers Okay With Biometrics

biometric passwords

Apple’s newest iPhone may have spurred some debate over whether it’s a good idea to unlock your phone with your fingerprint, but a new study from PayPal finds that a majority of Americans are comfortable with the idea of using their biometric information instead of the pesky passwords that are currently the norm.

The survey, sponsored by PayPal and the National Cyber Security Alliance, found that 53 percent of those surveyed are “comfortable” replacing passwords with fingerprints, 45 percent would opt for a retinal scan, and 41 percent are comfortable with photo identification.

This survey was conducted using an opt-in online panel, and its results cannot be projected to the overall U.S. public. Responses to the survey sketch a picture that suggests we’re more reliant than ever on our smartphones but still very unsure about the proper security measure we should be taking on our mobile devices.

Two-thirds of those polled said that they keep their smartphones no farther than one room away — and 10 percent said they have their smartphones in hand at all times when not showering or sleeping. But nearly as many people, 63 percent, said that they don’t know or are unsure about what kind of financial information they store on their phones.

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