Online business Toolkit

In association with Network Liberation Movement

Story: Online banking security standard 'by the end of 2005'

Posted by: Andrew Meredith (Tuesday 1 November 2005, 9:47 AM)

If I have one thing to say to the Banking industry it is "Please, please do NOT use biometrics" .. secure connection or not.

I have one set of fingerprints and one pair of eyes. It is even now, relatively simple to spoof fingerprints and a little harder (but not impossible) to reproduce iris patterns. What is my bank going to do then? Send me a new body?

If someone came up to you in the street, shoved a knife to your throat and demanded your banking PIN, what would you do? I know that I for one would give it up. In the brave new biometric future they wouldn't bother doing this. They'll just bring an axe. Whack whack! 10 bits of loverly biometric data coming right up.

Biometric identification is an inherently flawed idea that is only being propped up by it's own hot air.