76 percent of consumers surveyed by Computop, planned to shop online this holiday season, but consumers varied widely on which security authentication features they would consider setting up for online purchases. 35% of the respondents of this survey said they would set up fingerprint IDs, 12 percent selected retina scans, 7 percent chose voice recognition and 2 percent noted pay by selfie, but 41 percent of total respondents said they would not choose any of the above with 26 percent of respondents concerned that their biometric data could be spoofed, and 11 percent did not trust biometric payment authentication at all. Robert Capp, VP of Business Development at NuData Security commented below.
“This demonstrates to us a growing understanding that using physical biometrics online have a number of vulnerabilities. Once these identifiers are online, There is a real fear that physical biometrics like selfies, fingerprints and retinal scans, That many retailers and banks are considering ands authentication methods may be riskier over the long term for consumers how have little recourse to change a fingerprint or retina should this data be stolen. Passive biometrics, on the other hand, use customer’s natural behaviors and have the benefit of being resistant to traditional threats such as data theft and consumer impersonation. In addition, passive biometrics are transparent to customers and fraudsters, meaning good customers can enjoy a frictionless customer experience.”
ISBuzz Team embodies the collaborative efforts of the dedicated staff at Information Security Buzz, converging a wide range of skills and viewpoints to present a unified, engaging voice in the information security realm. This entity isn't tied to a single individual; instead, it's a dynamic embodiment of a team diligently working behind the scenes to keep you updated and secure. When you read a post from ISBuzz Team, you're receiving the most relevant and actionable insights, curated and crafted by professionals tuned in to the pulse of the cybersecurity world. ISBuzz Team - your reliable compass in the fast-evolving landscape of information security
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.