Uploaded on Apr 16, 2022
Learn why Biometric Privacy is the Way Forward?
3 Reasons Why Biometric Privacy is the Way Forward
3 Reasons Why Biometric
Privacy is the Way Forward
In an increasingly digital world, where every information is
available on the web, protecting your confidential
information is becoming more complex. According to a
global mobile consumer survey, years of regular biometric
usage have reached a critical population. Over 63% of
people use banking from their smartphone, and over 67% of
people who transfer money online use at least one type of
biometric authentication. Biometric privacy is essential to
prevent an unauthorized party to identify your data.
1. De-identifying biometrics is the key to digital security
and data protection
De-identifying the biometric data before storage is necessary to
ensure that the biometric data is only being used for the intended
purpose and to prevent the unauthorized party from viewing it.
The process involves storing a transformed version of biometric
data or replacing it with a cryptographic key that either generates
from the features set or is bound so that it becomes impossible to
deduce the original biometric signal from the stored version.
Biometric identifiers include physical characteristics like DNA,
fingerprints, iris scan, and facial recognition. We rely on these
technologies while unlocking our mobile phones, laptops, or other
electronic devices, but they are not perfect.
2. Many institutions are embracing biometric facilities
Many banks, financial institutions, educational institutes, and other
corporate companies use biometrics and voiceprints to attend to or
identify potential customers and known fraudsters. For example, when
you call a credit card company, you hear a recorded voiceprint created
from more than a hundred different physical and behavioral
characteristics such as accent, pitch, vocal tract, and shape as you
speak with a customer service representative. The voice id is stored as a
mathematical equation and further used to verify the caller’s
identity. Anonybit.io provides all the components of a
turnkey biometric authentication solution with privacy, such as liveness
detection, de-centralized biometric storage, and biometric matching.
With the latest technologies like SDK and APIs, it becomes easy to
integrate into existing workflow and protect customers’ and employees’
confidential information.
3. Data breach
The biggest concern with biometric authentication is its
immutability. A data breach that involves biometric information
may have permanent consequences as a customer cannot just
change their fingerprints, face, or voice if those features are
breached. Biometric information is a part of your identity, and
unlike any password, it cannot be changed. When a
cybercriminal accesses your biometric data like fingerprint, iris,
face, or voice, they gain information that can be linked to your
identity forever. They may try to use your biometric data to
enter a building where you are permitted to gain entry.
Conclusion
As it is said, everything comes with pros and cons, so it is
for biometric data. You can use your biometrics at several
places or online to get the job done faster, but it may get
hacked or misused, so to avoid that, biometric privacy is an
essential step. We may have the latest technologies in the
future to protect our biometric information to get hacked;
meanwhile, it is essential to take necessary steps and
rarely share your biometric data with anyone.
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