Time theft can occur in your business when you pay an employee(s) for work they either have not done, or you pay them for time when they were not on the premises. With the growing remote and mobile workforce, time theft has become a much bigger issue for employers. In fact, it has become so big, millions of dollars are being lost every year in productivity. Some other businesses are using factoring invoice companies to pay employees who have cheated the system. This puts a dent in cash flow by paying for work that was not completed.
The following guest post on preventing cybercrime was submitted by James Daniels.
For businesses today, cybersecurity is becoming an increasingly hot topic. As hackers and cybercriminals become more brazen, no business is safe from these online data thieves, who often have the power to tear a previously successful business apart. Since there is often no coming back from a large data breach, it is crucial for companies of all sizes to ensure that they implement only the best cybersecurity strategies and constantly update these methods in order to remain as secure as possible. We’ve listed some of the best modern and emerging new technologies for business owners and cybersecurity professionals to consider using in order to keep their business safe and secure.
The following guest post was submitted by Katrina Manning of Build Niche Links.
Should biometric technology be monitored? To answer this, one must analyze the biometric system. To start with, what is biometrics? Biometrics is the analysis and measurement of people’s unique physical and behavioral characteristics. It’s mainly used for identification, verification and access control. Verification is a “one-to-one” matching between the person’s biometric and biometric templates in a database. Identification is a “one-to-many” matching. A person’s biometric is compared with all of the biometric templates in a database.
Iris recognition and retinal scanning are both very reliable modalities for biometric identification. However, both possess different characteristics that have a strong impact on their performance based on the environment and deployment purpose. Both biometric modalities use contactless scanners, but there are notable differences between iris recognition and retinal scanning; one being that iris recognition is considered non-invasive, and retinal scanning as invasive because it beams visible light into the eyes during the scanning process.
These biometric identification technologies are often misunderstood and incorrectly assumed to be one in the same despite their distinct differences. In this post, we will discuss the differences between iris recognition and retinal scanning.
Touch ID from Apple introduced a more modern way to authenticate banking customers through fingerprint recognition. Without wasting any time, banks throughout the world are pushing forward to leverage this device based technology to replace passwords and PINs. The entire financial industry realizes that biometric technology not only secures account holder financial transactions, but it also adds a great deal of customer convenience. Continue reading →
Fingerprint vs Vascular biometrics – Are they different?
In biometrics, fingerprint technology is by far the most popular and widely used modality. However, due to the evolving nature of the technology, many other biometric modalities have emerged such as vascular biometrics. Even though they both share parts of the hand for identification purposes, these biometric modalities are quite different in how they work and their effectiveness in different environments. Continue reading →
Back by popular demand, we have launched the 2nd edition of our biometric quiz series on Facebook! If you are reading this post and haven’t taken the quiz yet, click on this link to take the quiz and then come back here to our blog for a detailed explanation of the answers.
We have designed this quiz to test your knowledge of biometrics and clear up any misconceptions you might have about biometric technology. Continue reading →
As the technology world evolves, challenges to implement secure personal identification protocols with biometric technology are increasing and the need for accurate human identification is higher than ever in just about every market across the world. Parallel evolution of the biometric identification management market has identified that use of a single hardware modality for identification purposes may no longer be the most intelligent choice for many industries. Single modality biometric systems have to contend with a variety of problems such as noisy data, intra class variations, non-universality, spoof attacks, and distinctiveness. Some of these limitations can be addressed by deploying multimodal biometric systems that integrate multiple biometric modalities in a single scan to alleviate the challenges of a uni modal system.
The following post was written by Ekhlas Uddin, Senior Executive in our Business Development & Interactive Marketing Department
Several years ago, if you questioned most identity management professionals whether they imagined the use of biometrics for individual identification management would turn out to become mainstream for authentication security, a majority would have said that the technology could be used in some areas, but only few could have forecasted the tremendous scale and scope of some larger deployments developing all over the world.
The reason behind adopting biometric technology is because traditional authentication tactics like the once thought to be ubiquitous password/username are insufficient for personal identity simply because they can only provide evidence of ownership or proof of knowledge whereas biometrics provides unique advantages as it relies on identifying someone by “who they are” compared to “what you know “or “what you have.”
For those who have adopted or are considering adopting biometrics for identification, the most recent pre-deployment question due in part to the evolution of the industry is whether to deploy a unimodal or multimodal biometric system. Multimodal biometric systems have become the best suited solution for any industry where high accuracy and security is required because they require two biometric credentials for positive identification instead of one in a unimodal system. Based on our own research, we have concluded that multimodal biometric systems have more advantages over unimodal biometric systems or traditional authentication systems. We have done extensive research on this culminating in the release of our whitepaper available for download: The Necessity of Multimodal Biometric Systems for Large Scale Deployments.
Here are the top 5 reasons that organizations may consider deploying multimodal biometrics:
- Accuracy: Multimodal biometrics uses information from two or more biometrics – (e.g. fingerprint and finger vein pattern; or fingerprint and iris and voice) whereas unimodal biometric systems use information from one biometric – (e.g. fingerprint, iris, palm, signature, voice, hand shape, or face). The accuracy of a multimodal biometrics system is normally calculated in terms of image acquisition errors and matching errors. Image acquisition errors consist of failure-to-acquire (FTA) and failure-to-enroll (FTE) rate whereas matching errors comprise false non-match rates (FNMR) in which a legitimate person is rejected and a false match rate (FMR) where an impostor is granted access. Multimodal biometric systems have almost zero FTE, FMR & FTA rates because in this system, each and every subsystem has a viewpoint or a determination on the user’s claim. The examiner module utilizes various fusion strategies in order to combine each single subsystem decision or opinion and then come up with a conclusion. This is the reason that multimodal biometrics are more accurate than unimodal or any other authentication system.
- Increased and Reliable Recognition: A multimodal biometric system permits a greater level of assurance for an accurate match in verification as well as identification modes. As multimodal biometric systems utilize multiple biometric traits, each single trait can offer additional evidence about the authenticity of any identity claim. For example, the patterns of movements (gaits) of two individuals of the same family or coincidentally of two different persons can be similar. In this particular circumstance, a unimodal biometric system based only on gait pattern analysis might lead to a false recognition. If the same biometric system additionally includes fingerprint matching or finger vein matching, the system would certainly results in increased recognition rate, as it is nearly impossible that two different individuals have same gait as well as fingerprint/finger vein pattern.
- Enhanced Security: Another advantage of a multimodal biometric system is that by making use of multiple methods of identification, a system can preserve higher threshold recognition settings and a system administrator can make a decision on the level of security that is needed. For an extremely high security site/area, you might need to use up to three biometric identifiers and for a lower security site/area, you could possibly require one or two credentials. If one of the identifiers fails for any unknown reason, your system can still utilize another one or two of them in order to provide the accurate identification of a person. In this way, it significantly reduces the probability of admitting an imposter.
- Vulnerability: Spoofing is the biggest threat to authentication systems. Multimodal as well as unimodal biometric systems are sometimes vulnerable to spoofing. Spoofing happens whenever an unauthorized person has the capacity to masquerade as an authorized user. The potential threats due to fake or artificial fingers were evaluated by another research team and the experiment exhibited that artificial fingers cloned with plastic molds could possibly enroll in the 11 tested fingerprint systems and were being accepted in the verification procedures with the probability of 68-100%, depending on the system. In this scenario, alternative hardware devices that rely on simultaneous multimodal authentication such as a biometric smart fingerprint/finger vein reader with liveness detection can eliminate spoofing. “Liveness” describes the capability of a multimodal biometric system to distinguish between a living and a fake sample and is generally done by measuring biometric features like humidity, pulse, blood flow, temperature, etc.
- User Acceptance: As multimodal biometric systems are more accurate, reliable, have larger security options, and have the ability to avoid spoofing attacks, these systems are more widely accepted in many countries that cover large to larger deployments. Biometric deployments that encompass large scale population databases are turning to multimodal systems. However, in deployments where security and accuracy are paramount, no matter how small, multimodal systems have become ubiquitous.
The inadequate accuracy and reliability of traditional authentication and unimodal biometric systems has lead many end users to utilize multimodal biometric systems in order to provide the maximum level of accurate authentication. One thing we need to mention here is that privacy is a vital aspect of any multimodal biometric system deployment. The design of the multimodal biometric system must ensure that it does not threaten personal or informational privacy. Personal information should be collected only under specific conditions and for specific reasons and only be used for the purpose it was collected.
Multimodal biometric systems are a must in those industries where the ultimate security and accuracy is required, and where a simple mistake can lead death to many civilians or can cause great havoc to their normal life. A multimodal biometric system is best suited for industries such as healthcare, civil ID (eID/national ID), and Financial industries. Many developed countries like United States, Japan, United Kingdom, France, Germany, and Canada already deployed multimodal biometric system for voter registration, national id, national healthcare or ePassport projects. Developing and under developed countries are also taking the lead from developed countries and deploying multimodal biometric systems.
What other authentication systems do you think are superior to a multimodal biometrics system? Please share your thoughts through the comments.
Thanksgiving in the U.S. is a time for us to step back and reflect on those things we are particularly thankful for in the biometric identification management industry. 2013 has been a banner year for the team at M2SYS Technology, taking us down new paths and providing new opportunities to deploy our biometric identification technology to more corners of the globe as an identity solution within many diverse markets.
We can’t help but smile at the unprecedented market growth and continued future global potential of using biometrics as an identity management tool. It’s no surprise that events such as Apple’s use of biometrics on their new iPhone model has brought increased attention to this technology and opened doors to its use in many additional capacities.
Here is a list of the top five things we are most grateful for this Thanksgiving season:
1. The new M2-FuseID™ hybrid multimodal reader: Promising to revolutionize the hybrid biometric scanner market as a hardware device designed to perform both 1:1 and 1:N matching for both fingerprint and finger vein templates in a PC-based environment, the M2-FuseID™ device is designed to read 100% of end users eliminating limitations of relying on fingerprint recognition alone.
A significant achievement in innovation and design, the M2-FuseID™ scanner meets the demand of dynamic biometric identification projects around the world that necessitate ongoing innovation in hardware design that delivers greater accuracy and speed, especially for deployments that cover large databases consisting of millions of end users.
2. Spreading knowledge about biometric technology all over the globe: As part of our continued effort to help educate markets about the value of biometric technology in a host of different venues, 2013 was another banner year for us to travel the circuit discussing the value of biometric identification technology. Mizan Rahman, our CEO and Founder, spoke at several international events, most recently at the 2013 Biometrics Exhibition and Conference in London where he discussed “How Mobile Biometrics is Changing the Landscape and the Role of BYOD.” Bill Dumont, Executive VP at M2SYS, just returned from a trip to Argentina where he spoke at the 2013 International Congress of Biometrics in Agrentina about “The Convergence of Private and Public Biometrics.”
2013 brought us many opportunities to help educate and share knowledge about the biometrics industry. Look for even more opportunities in 2014!
3. The potential future growth of the biometric industry across the world: There doesn’t seem to be a day that passes without a new report forecasting the exponential global growth of biometric technology for many modalities and markets. For example, a report was recently released forecasting that the maritime security market is estimated to be worth $19.48 billion by 2018, largely fueled by an increase in demand for mobile biometric solutions such as our M2-RapidCheck™ mobile biometric identification device. Whether its the potential growth of voice biometrics or general forecasts on the growth of the entire industry, we are grateful to be a part of an industry that promises to reshape identification management in the world we live in.
4. The increased use of our RightPatient™ iris biometric solution for patient identification: 2013 proved to be a breakthrough year for RightPatient™, our multi-biometric patient safety system available with iris recognition. We saw several large hospital chains along with a host of independent healthcare facilities adopt this technology as a means to help prevent duplicate medical records and overlays, reduce risk, eliminate medical identity theft and fraud at the point of service, increase patient safety, streamline the registration process, and enhance patient privacy.
We have worked hard to develop and launch a biometric patient identification system that offers more advantages over other products that rely on modalities that aren’t an adequate solution for preventing some of the biggest problems hospitals face due to patient misidentification. Look for many more hospitals to adopt this technology in 2014 as they learn more about the advantages of using biometrics for patient identification.
5. Our community: Finally, it would be remiss for us not to mention the community we serve here at M2SYS as one of the biggest things we are thankful for in 2013. Without the ability to engage, educate, interact, and learn from the customers, prospects, industry professionals, analysts, competitors, and pundits that are part of our community, we would not be where we are today – a global leader in biometric identification management technology.
So thank you to our community – to those that take the time to read, comment, and share our content, for those that ask intelligent questions about our solutions or the biometric market in general, for those who are part of our social media community and graciously follow our channels sharing information and knowledge to the broader community, we thank you.
Hope that there are many things you are grateful for in 2013. May you and yours have a very safe, warm, and joyous 2013 Thanksgiving holiday!