Calls for behavioural biometrics as bank fraud soars. (September 2021)

• Record Type: Journal Article
• Authors: Silva, Richard da
• Is Part Of: Biometric technology today. Number 9(2021)
• Page Start: 7
• Page End: 9
• Publication Date: 2021-09
• Subjects: Biometry -- Periodicals; Biometric identification -- Periodicals; Personal identification products industry -- Periodicals; 338.4757015195
• DOI: 10.1016/S0969-4765(21)00095-3
• Languages: English
• ISSNs: 0969-4765

Abstract

Abstract : Behavioural biometrics – much like physical biometrics – is becoming an increasingly prevalent way for financial institutions worldwide to authenticate and verify their customers. At a time when a staggering 15 billion sets of stolen usernames and passwords – acquired through hundreds of thousands of data breaches – are circulating the dark web 1, behavioural biometric analysis promises to replace systems relying on personally identifiable information (PII) with a more secure and user-friendly alternative.