3. Businesses That Use Biometrics As Their Only Authentication Factor Are At Serious Risk
Companies such as Google and Amazon are constantly listening and collecting data and storing our voice and speech data, allowing for biometrics to become more prominent, said Carbonite CISO Larry Friedman. Having fingerprint sensors placed underneath phone screens to eliminate the need for a 'home button' will become the norm in coming years, said Veridium CTO John Callahan.
Even though financial institutions are only just starting to implement biometric systems for user identification and authentication, several major data leaks have already occurred, said Kaspersky Lab researchers. And if people don't add a second form of authentication, bad actors that succeed in hacking biometrics will easily gain access to a user's personal and financial data, said WatchGuard Technologies.
Expect hackers to take advantage of not only the flaws found in biometric authentication hardware and devices, but also around the collection and storage of data, Experian predicts. Until sensors, scanners, and other hardware are better able to detect anomalies, Experian said biometrics should be used as part of a multi-factor authentication system.
