Biometrics
Biometric Technology: Curbing Fraud In Banks
biometric Mukosha mulenga By MUKOSHA MULENGA BANKS and other financial institutions hold the key to one of our most treasured assets: our money. Most banks are now looking at using biometrics to protect against identity fraud and comply with government regulations. The use of biometric technology is becoming widely recognised in the banking industry as a viable means to prevent identity fraud, safeguard data, improve ease-of-use, and save money from lost or stolen passwords. When you consider that approximately 84 percent of bank fraud is committed by in-house staff, or that nearly 40 percent of all help desk calls are for forgotten passwords, it is no surprise that many banks are turning to biometric technology for increased security and convenience. Banks therefore now have the challenge of integrating fingerprint functionality into existing in-house applications or their core banking applications. Banks can use solutions such as ) from M2SYS, for safeguarding enterprise data and reducing costs. EBS supports active directory, and can enable banks to secure login to their network and replace user names and passwords with something that you cannot share, lose, or forget: Your Fingerprint! With an ever-increasing number of security breaches, the pressure on banks to implement methods of password management, identity management, data and network security, and two factor authentication has never been stronger. The sharing or theft of user passwords still remains the most popular reason that corporate data is compromised. Biometrics solves this problem by allowing businesses and banks to implement a centralised biometric […]
Source daily-mail.co.zm
A New Camera System To Predict Violent Behaviour
London: Scientists have developed a new camera system that can help predict a person’s aggressive behaviour such as kicking, pushing, hitting and throwing. The system Kintense analyses a person’s body and figures out where the joints are in order to create a real-time 3D skeleton figure. An algorithm then recognises movements made by this model that indicate aggressive behaviour, ‘New Scientist’ reported. A new camera system to predict violent behaviour In research trials, certain actions such as kicking were recognised with 90 per cent accuracy, but other movements, like punching and throwing, were trickier to spot. Inspired by Microsoft’s gaming sensor Kinect, the system doesn’t require people to be facing the camera. In research trials, certain actions such as kicking were recognised with 90 per cent accuracy, but other movements, like punching and throwing, were trickier to spot. The researchers plan to upgrade the system so it can recognise verbal aggression, too, the report said. Kintense, designed by Shahriar Nirjon and colleagues at the University of Virginia, was created to warn medical staff if a patient is acting violently. However, it can also find application in security cameras, researchers said. via Technology – Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFFgnIigb3SrWZXuavLfxiV5G5VpQ&url=http://ibnlive.in.com/news/a-new-camera-system-to-predict-violent-behaviour/433326-11.html Put the internet to work for you.
Source technohubmatric.blogspot.com
Frost & Sullivan: Global Commercial Biometrics Market to Grow Considerably as Awareness Increases – IT Industry Today
EIN Presswire — Fingerprint technology continues to be the most used, even as face and iris recognition gain prominence LONDON , Oct. 23, 2013 /PRNewswire/ — Increasing awareness of biometrics across industries will spur the global commercial biometrics market. While historically the adoption of biometrics has been concentrated in the government sector, recent years have witnessed considerable demand for applications such as ATMs, retail points of sale, and finance. Iris and face recognition algorithms have undergone substantial advancements and are gaining prominence, while fingerprint technologies remain the most popular. New analysis from Frost & Sullivan ( http://www.autoid.frost.com ), Analysis of the Global Commercial Biometrics Market , finds that the market earned revenues of $1.48 billion in 2012 and estimates this to reach $6.15 billion in 2019. In addition to fingerprint, facial and iris biometrics, the study covers hand geometry, voice, and signature technologies. “Better end-user recognition of the unique capabilities of biometric technologies, including enhanced security as well as physical and logical access control in applications, has helped vendors win a number of projects and contracts,” said Frost & Sullivan Senior Research Analyst Ram Ravi . “Focus on building robust, error-free and efficient solutions will create added revenue-generating opportunities for biometric vendors.” Although improvements in technology augur well for the market, any large-scale biometric project in enterprises takes long to implement and cover every employee. Since many businesses work within a restricted budget for a limited time span, the high cost and extended duration of deploying biometrics restricts installation […]
Source it.einnews.com
Legendary Finis Conner Back With New BluStor Secure Smart Card
BluStor unveiled a mobile security platform that protects the full stream of mobile security: device, user, and data. To share its vision for what’s possible using BluStor, the company has launched a new website and video. Countries in Europe and the Middle East, Asia, India, South America are seeking a platform that can provide secure […]
Public Needs Education About Biometrics
Darren Gamage welcomes biometric security and its commercial applications, but there are concerns about data integrity that must be overcome first. How ironic: I found myself sat in a hospital ward thinking about the impending piece that I now write, contemplating how the world of biometrics has become an increasingly prominent part of our lives. […]