Biometrics: Preparing for a Passwordless Future

From securityboulevard.com

biometrics

In today’s digital world, people can accomplish anything they need to online, from banking to shopping. Yet, the popular authentication for this online activity—passwords and PINs—is putting countless Americans at risk for online fraud. Gartner predicted that by 2020, 75% of omni-channel customer-facing organizations will endure a targeted, cross-channel fraud attack.

Companies need to not only protect their business against the cost of fraud and damaged reputation but also take responsibility for better safeguarding the personal information of their customers, employees and stakeholders.

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