What must banks do to position mobile-based biometrics for ease of use and security?
Everyone with a stake in digital banking security has been tracking the rapid developments in biometrics and debating the technology’s utility in the battle against cybercrime. There’s little doubt that it will play an important role in securing digital services, particularly when viewed from the perspective of user convenience. But it is also fair to point out that biometrics can place enterprises and their customers at risk if deployed as the sole means of user identification and transaction authentication.
Entersekt offers this white paper as an account of the strengths and weaknesses of biometrics, where it works and where security professionals must augment it with other advanced counter-fraud measures.
This white paper outlines:
- Global trends in biometric authentication
- The challenges of storing biometric data securely, and the consequences of not doing so
- Options banks have for boosting the security of mobile-based biometrics without adversely affecting the user experience