Biometric Authentication

The explosion of online services that involve personal data, classified information, and the free flow of wealth around the globe has brought with it the need for innovative top-notch security systems. Sophisticated online fraudsters with access to massive resources are able to collect passwords and data, which enable them to cause massive disruptions to the way we do business today. Biometric data is increasingly viewed as the most secure method of protecting data and ensuring that the people who we are interacting with online are actually who they say they are.

Market Growth

The firm cites many factors as being behind the growth, including “the growing instances of fraud in several end-user industry segments such as enterprise, healthcare, and so on and the adoption of mobile banking by several national and international banks and e-commerce retailers.”

Read more at CloudTweaks.com.