How Financial Services Are Becoming More Secure

biometrics for financial services security

The financial services industry has adopted new technologies to protect sensitive customer information. (Photo credit to Google Images)

The following guest post on improving financial services security was submitted by Damien Troy.

As technology improves and continually evolves, security becomes increasingly important. While new technologies being used in businesses and services is generally a positive, it can also leave them vulnerable to the latest cybercrime, such as hacking and identity theft. For services dealing with sensitive personal information, this is particularly important. Financial services such as banks, advisors and short term loan companies, like loanpig.co.uk, all have a responsibility to keep their customers information secure. Here’s how financial services are improving their security. Continue reading →

Fingerprint Security: Is It Enough?

fingerprint biometrics is stronger than passwords

The rise of biometric identification using fingerprints has many wondering if the technology alone is a sufficient replacement for passwords. Photo courtesy of Pixabay: http://bit.ly/1MUveRi

The following guest post was submitted by Jen Martinson, senior editor for Secure Thoughts.

(M2SYS is a leader when it comes to biometrics and studying its uses in many different fields. Once you start taking a look at their resources, you’ll find yourself engrossed for hours and end with a much greater understanding of the technology).

With a push into the mainstream market on smartphones in the last year or two, fingerprint security is the newest trend that is supposed to keep us safe. While it has been around in higher-grade security systems for years (and in media for even longer), biometric scanning has finally reached a point where it can be reliably and cheaply used in everyday devices, mostly to our benefit. Continue reading →

How Soon Can You Expect Biometric Identification to Touch Your Life?

biometric identification management technology use is rising

The use of biometrics for individual identification will eventually touch virtually everyone’s life.

The following guest post was submitted by Prime Medical Alert and Senior Planning in Phoenix, Arizona.

The surge in use of biometric technology for individual identification has managed to touch virtually every market in the world. Biometrics are slowly replacing passwords, personal identification numbers (PINs), plastic ID cards, and other forms of what are considered antiquated and unsecure methods of authentication. As we witness the growth explosion of biometrics for individual identification, here are some surprising uses of the technology that are sure to touch our lives at some point (if they haven’t already!):

Continue reading →