Biometrics find a new home in mobile technology
In the age of cloud computing, business leaders are increasingly concerned with how they can secure their data centers and devices. Tech engineers and IT managers have developed a wide array of strategies that can help strengthen a company's cloud network and prevent data breaches.
Encryption disguises valuable information, which can be deciphered only with an exclusive code. Data decentralization has gained plenty of ground over the past few years as colocation solutions become increasingly common. Yet arguably the most popular of these emerging innovations is biometrics, especially when it comes to physical security issues and mobile technology.
Biometrics require personal forms of identification, such as fingerprints or facial and vocal recognition, to permit access control to certain batches of data. Dual-access systems, which require simultaneous identification from two separate individuals, is also becoming a bigger part of data centers and mobile devices around the world.
Innovation in biometrics
USAA, a financial services firm based in San Antonio, recently became the first large scale financial company to adopt a full-scale rollout of vocal and facial biometrics, according to American Banker.
Rick Swenson, the fraud operational excellence and strategic initiatives executive with USAA, said that the company uses this technology so it can streamline operations for clients with their mobile technologies.
"If I'm at a Spurs game and I take out my mobile phone and try to use voice recognition, it's not going to work because I have 100 people around me screaming and yelling at the same time," Swenson told the publication. "What will work at a Spurs game is my face."
Mobile technology to carry the biometric market
Acuity Market Intelligence recently predicted that, by 2020, mobile devices will regularly include biometric sensors, NFC World reported. This will create a $33.3 billion per-year market for biometrics.
The research firm also forecasted that four billion apps that use biometrics will be downloaded in 2020, leading to revenues of approximately $20 billion. The flexible nature of mobile technology lends itself well to a security measure of this type.
"Biometrics are a natural fit for the smart mobile devices we hold onto nearly every waking hour," Maxine Most, a principal of Acuity Market Intelligence, told the news outlet. "The explosion in the use of smart devices over the past five years along with anticipated growth over the next five, especially in developing economies where sub $100 smartphones have begun to alter the mobile landscape, will bring biometrics into the daily lives of half the global population."