Over the last couple of decades, the use of credit cards is increasing rapidly and consequences lead to the online transaction through e-commerce. Transactions through credit cards are done in two ways; using the cards in POS or using the card information in online payment gateways.
The credit card fraudulent activities may conduct in both ways; card present fraud and card not present fraud. Usually, the loss of card present fraud bear by the card issuer and on the other hand the loss of card-not-present fraud goes to the merchants. In both cases, there are significant security measures taken by the card issuers and also the payment gateways, but the fraudsters are continuously making their way out of those. Whenever the e-commerce is growing rapidly, as a result, the rate of a card-not-present transaction is rising several times and the fraudulent activities are occurring through online phishing. Recently a Research published the report that within 2018 to 2023 the retailers are going to lose almost around 130 Billion dollars due to card-not-present transactions. The assumption is really alarming whereas the impact will lead so many retailers to the winding up. Read the full post from here.
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Iris biometric authentication is the most accurate and precise authentication system, and that’s why its application has been observed in the most sensitive sectors where security concern is high. The system captures a picture of a person’s eye, and the iris in the image is then implied for the further division and standardization for separating its characteristics. The matching of iris recognition authentication depends on the procedure of division. The division is utilized for the restriction of the right iris area in the specific segment of an eye and it ought to be done precisely and accurately to expel the eyelids, eyelashes, and reflections of iris area.
Application of Iris Biometric AuthenticationAs the pattern of irises are complex and almost impossible to spoof it has been using in the most sensitive sectors for proper identification of an individual. The application of iris biometric authentication already implemented in the below verticals: National IDEvery nation including developing countries provides National ID to its citizen. Along with fingerprint the iris recognition also initialized for the most accurate identification of the citizen. It helps to prevent duplicate registration, ensures quick and precise voting identification, provides an easily accessible audit trail and facilitates interoperability between government agencies for data integration, verification, and maintenance. Law EnforcementBiometric authentication has been using in law enforcement agencies since 1891, and various essential form of identification based on biometric features have been developed till today. Subsequently, the use of iris biometric authentication has been introduced in law enforcement to identify and track the criminals to ensure utmost public safety. The technology helps to overcome the loop falls of a traditional security system not only detecting the criminal but also preventing the crime. Read more… Information is the most powerful tool in today’s business world. Government and private both sectors are using the data to facilitate the service and understanding the trends. According to a report, taking the timely decision is very simple if you have information. On the other hand, if the information leaks, anyone can interrupt in your interest. So the information security is visible to hold on the prosperity and biometric authentication in information security helps in many ways.
Information SecurityInformation security is the means of controlling unauthorized access to your data or information from being re-used, shared, modified, duplicated and manipulated by a third party as well as competitors. Information may take any form like physical or printed form and electronic form. Biometric Authentication in Information SecurityIn the age of technology, the information is stored in electronic forms to ensure its security and protect it from being lost. But the neoteric technology could not assure the proper safety of your data in anecdotal information storing system. Biometric technology amplifies information security in many ways. Followings are the benefits of biometric authentication in information security. Read the full article from here. One of the primary trends of the modern technological and industrial world is the shift to a more customer-centric approach regardless of the field or niche you operate in. And in order to make sure that your customers are satisfied with your service, you must ensure that it is fast paced and as convenient as possible for them. The purpose of modern technology is to induce speed in processes that traditionally hog up a lot of staff and customer time as well as simplify the processes for the customer by capitalizing on the finer details.
Biometric verification is one such technology that is being applied across a multitude of fields and industries to great reviews and results. BIOMETRICS IN BANKINGWith ASB having announced their version of a biometric ID verifying the mobile application for six of their bank branches in South Auckland last year, we are finally seeing and experiencing the integration of biometric technology in New Zealand Banking. Believe it or not, many people delay or refuse to open a bank account just because of the process that precedes the result, what with the person having to dig out a bundle of verifying documentation and filling out numerous forms after having to travel to the nearest branch of their desired bank. And in a world where you can clean your house, order the groceries, and pay your bills without having to get up from the plush cushions of your couch, it may just be too much to ask for. Not only that, but there are growing concerns about cybercriminals and fraudsters exploiting vulnerabilities in the banking security systems of banking institutions, a factor that also makes people wary and tends to drive them away. Read more... Iris biometric authentication system is being used in many countries to identify millions of people for several issues around the world. The technology is easy to use and difficult to be forged. It has been used in different projects and gateways like healthcare, national ID and immigration for its advantages, features, and benefits.
Iris Biometric Authentication Among the different biometric modalities like a fingerprint, finger vein, palm vein, facial, retina, etc. iris is one of the most reliable ones. Iris biometric authentication is the complex mathematical pattern recognition technique that identifies the unique and stable video images of the single or both irises of an individual which is possible to distinguish from a distance range. Advantages of Iris Biometric Authentication System The characteristics of an iris are significantly unique for each and can be recognized from a distance. That’s why it is challenging to be forged and compared to other biometric modalities false acceptance rate and the false rejection rate is remarkably lower. Such way it becomes most secured authentication technology and has been used in hospitals, borders, financial institutes, and several sensitive projects. To know the most critical advantages of iris biometric authentication system read the full post from here. Technology has blessed our lives in many ways. Addition of fingerprint recognition software to our life for security purpose has added a new dimension. Once security is maintained by the so-called security guard, paper log system, traditional locks and pin, and password based devices. All these methods have come to an end; now the time has come to embrace the most innovative security technology for secure identification. Here in this article, we present five precise reasons to use fingerprint recognition software for security identification.
Unbreakable Safeguard Fingerprint software is the unbreakable safeguard for you. Fingerprint stays with us for the entire life. It never changed and cannot be manipulated, even if someone tries to spoof the system, liveness detection technology can recognize it. It means no one can break your security, it is impossible to forge and can perform the secure identification. Convenient Usage Think about a situation where you have to reset the password if forgotten, think about those situations when you have to maintain a log book for every visitor that enters into your office, think about those extra costs that incur due to losing of plastic id. No doubt these are the scary situation you have faced so far due to following traditional method for identification. Read more. It’s not been so long, the Biometrics Technology flourished. But the origin of the technology was in ancient age when people were familiar with the fingerprint for individual identification. But since the last two decades, biometrics technology got exposed to mass people, and the scope of its application got new dimensions. The technology identifies humans by matching their unique physiological patterns like the fingerprint, iris/ retina, face, voice, vein, and gesture. In today’s fast-moving world different industries have adopted this technology for its errorless recognition in the fastest time. Read the details from here.
![]() Since the 1700s the use of biometrics has been noticed and in 1891 the fingerprint system used in the law enforcement system to identify prisoners for the first time. It’s incredible that how the technology being advanced since then — sequentially advanced technology developed to integrating the biometric system with the software solution to smoothen the work process in dynamic ways in different sectors. What is Law Enforcement Solution? Law enforcement solution is an integrated software where the whole process followed by a law enforcement department in a particular system. The solution allows a citizen to file a case remotely. Then the case is analyzed with the previous records and assigned to a field agent to identify and capture the suspect or criminal. After identification the criminal booking and case processing, investigation if required, and the documentation of all investigation data everything is maintained within a single system. Using law enforcement solution taking action against a criminal is very swift now a day. Advanced biometric software solution. Advanced Biometric Software Solution for Law Enforcement Law enforcement solution provides an integrated system to manage any case. The resolution itself might be more powerful just integrating the advanced biometric software solution for law enforcement. Advanced biometric software enables the existing solution to identify the right suspect, analyze their previous records less than a second. Besides, it also allows customizing the solution according to the specific requirement of law enforcement. Read the full article from here. Softbank, one of the renowned telecom operating company in Japan recently deployed biometric-based Id solution to accelerate their customer experience in their mobile application. Now more than 10 million mobile subscribers of Softbank will get the option to use biometric authentication while using Softbank mobile application “My Softbank Plus”.
This deployment will safeguard Softbank customer from phishing, data breach and will create a robust security environment for accessing their data. This is thought to be a step forward initiative from Softbank to stand against data breach and create strong protection for the customer’s data. Read the full news from here. If you have identified employee accountability as an issue for your business, you may have already taken measures to find the source behind the problem. Most likely, you have looked into the effectiveness of your leadership, the clarity of your strategic direction, employee engagement, and the execution philosophy of the firm. You may have also studied your employee monitoring and review system. Chances are if you took this step then you probably studied what technology you are using to help keep the gears of the business machine operating. If you suddenly discovered that you are not using modern technology to safeguard your inventory and profits and more effectively track employee time and attendance with a biometric time clock, you may have uncovered a crack in the shell of your staff accountability platform. Read the full post from here.
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April 2019
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