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Headline

Doubts cast on fingerprint security for online banking

Comment

1 - if developed correctly, the worry of "stealing" a stored fingerprint template isn't all that great. It's like having a lock without a key - and the key can't be created without the lock owner present. Keep in mind I said developed correctly. 2- the greater concern would be replacing the stored fingerprint template with another. 3 - the cost to a financial institution in relation to customer support regarding hardware (fingerprint scanners) implentation/maintenance/support will be very expensive - probably cost prohibitive. I work with and develop biometric based solutions. This is one area (customer facing online banking) that probably just doesn't work well. Theory is one thing, application is another.

Posted date

21 Dec 2010

Posted time

4:18 pm

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