The Impact of Biometric Technology on the modern business

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The Impact of Biometric Technology on the modern business

Over the last few years mobile technology has been on an upward swing.

Smartphones can perform a variety of functions such as act as media players, gaming and entertainer, camera and video, social media connecter, mobile web browser and many more.

Now it is moving more deeply into the world of security by utilizing the advantage of biometric technology.

A biometric system helps to confirm an individual’s claimed identity by comparing a submitted sample to one or more previously enrolled/saved sample(s).

Fingerprint identification, face recognition, voice authentication or user/company can implement their own authentication method (BYOA). Companies like Apple, Samsung, Huawei are pioneers in implementing biometric technology. Handsets with a biometric system can improve security with other advanced features.

The rise of biometrics

Biometry, if you’ve not come across the term before, is an area of statistical analysis concerned with biological data. The most common product of this is biometric authentication technologies, such as fingerprint and iris scanners.

Fingerprint technology is probably more relevant to the world of mobile. Although it’s been used in banks and other highly-secure environments for years, mobile companies are increasingly adopting the innovation to promote device and application security.

Fingerprint reading firm AuthenTec was acquired in 2012 by American tech giant Apple for $356 million. In 2013 September Apple introduced ‘Touch ID’ in iPhone 5S, Apple’s own fingerprint technology. It is now a common feature on iPhones and iPads.

Other companies such as Samsung and HTC followed Apple and introduced more security-oriented handsets. When compared to fiddly passwords and other unlock methods, fingerprint reading makes it easy for you to get in to your handset and makes it more secure.

How is Touch ID currently being used?

Although fingerprint technology gives extra security to handsets, there are many other capabilities too. In iPhones, you can make purchases from the App store by scanning your finger instead of typing in a password.

Apple has a popular feature called Apple Pay. It allows quick pay for items wirelessly. There is no need to use credit cards anymore and no need to fear someone else using your card because only a fingerprint will authenticate purchases.

Apple reports that iPhone users are unlocking their handset 80 times a day. The fact is that 89% of users are unlocking using Touch ID. Users feel more comfortable with this technology.

Impact of biometrics in business

It is not just users who are enjoying the benefits of biometrics technology but also big businesses too. They often deal with masses of clients and a huge flow of information which is to be kept confidential. For businesses this fingerprint technology is really helpful as they can stay ahead of online criminals and other hackers, while minimising costs.

Business Apps using Biometric Technology

Sign Easy

Sign Easy is an iPhone App which allows you to use Touch ID to add a digital signature in company and client documents. This will save you printing and scanning costs and will also save your time as it sends the documents easily., resulting in improved efficiency.

Password

This App also supports Touch ID and helps you to store all your passwords. You only need to scan your fingerprint.

Evernote

Evernote also allows you to use Touch ID to protect your important documents and other information in a secure way.

What does the future hold for biometrics and Touch ID?

We should accept the fact that both biometrics and fingerprint scanning technology is becoming the key controller in the mobile technology world. Most people are using it to stay safe and protect their handsets.

And we are sure that like internet changed the world, this will also dominate the world in coming years. Below are three ways biometric technology will impact business in coming years.

1 . Increasing security facilities

Companies have started to invest more in security. Big businesses started using biometrics by replacing employee ID cards so that employees just scan their fingers to get into the office. This will automatically record their attendance.

2 . Replacing digital fingerprinting

Digital Fingerprinting is used by many companies to track user behavior across their websites without making them register or enter personal information in a website.

This technology has certain network restrictions as well as device identification restrictions. This is expensive and its process is complicated. One of the main faults is that it can track only individual devices rather than individual people. We cannot say we use one device every day. But biometrics has started to replace this technology as it is fast and safe to track user behavior.

3 . Security simplification of Intranet

Many businesses change passwords every 15 days. Biometrics can make this easier without affecting employee activities. Biometrics can provide enterprise security beyond the physical premises.

One thing we want to make clear is that biometrics will not be the end of all security issues. Hackers are using many complex ways and methods to hack biometrics and they will keep on trying. But when compared to other security options, it is one of the most secured methods of personal authentication.

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