Monday, 4 May 2015

Special Report: Biometrics and Identity Management

''overall market revenues for biometrics are set to reach a staggering $26.8 billion by 2020''

Biometrics suddenly hit the mainstream, and it has since opened up a whole new world of possibilities for consumers and businesses, who can suddenly now buy, sell and transact simply by using their fingerprint and smartphone.

“As well as being more secure, biometrics is of course also more convenient. If you can just put your fingerprint on a device, or if you could just show your face or use your voice to authenticate yourself, it’s just so much easier from a transaction perspective.”

Passwords have been the de facto identity authentication standard for years. But as a string of high-profile data breaches has proven, passwords can be problematic for companies and consumers. Derek Du Preez investigates whether biometrics is the answer.

 This report examines the role biometrics plays in smart technologies, aiding national security and combating cyber crime, as well as the growing adoption of different types of biometrics technology across both the private and public sectors

Click on this link to read full report:

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