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Story: Banks nearing agreement on Web security

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Posted by: Samuel (Monday 18 April 2005, 4:34 PM)

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The whole security issue is about online authentication, biometrics I’d say was pretty full-proof on the ground, like in air ports. What’s so hard about having a prompt such as a text box asking the user to “place finger here now”, there are other measures such as an online keyboard but ultimately biometrics is the safest option.

The example of the vein arrangement in a hand as proof of identification is just one way, similarly when taking retinal scans the blood vessels in the eye have to be pumping.

As for the cheapest option, well of course, banks may be rolling in it but they’re tight. Chip & Pin machines break even now and I can see lots of other problems with more complex machines like biometric scanners still the first generation of cheap scanner are available e.g. Microsoft Keyboard and they will get better and cheaper.

I look to the long term, the best scenario and biometrics is it, nothing else in my mind is safer. More work has to be done to bring the quality of scanners up and to bring the price down so that computers can be sold with them much like A4 scanners are sold now.

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