Eskenzi PR ad banner Eskenzi PR ad banner
  • About Us
Sunday, 28 May, 2023
IT Security Guru
Eskenzi PR banner
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
IT Security Guru
No Result
View All Result

Barclays launch revolutionary biometric blood scanner

by The Gurus
September 5, 2014
in Editor's News
Share on FacebookShare on Twitter

Barclays has launched a revolutionary biometric scanner which identifies a user by the blood and veins in their finger.
 
IMG_20140903_094658
Developed with technology from Hitachi, the Barclays Biometric Reader allows a user to scan their finger to access their online bank accounts and authorise payments within seconds, without the need for PIN, passwords or authentication codes.
 
Initially offered to Barclays Corporate Banking clients from next year, Ashok Vaswani, CEO Barclays Personal and Corporate Banking, said that the near infra-red scanner was “simple but secure” as it captures a photographic view of the blood in your veins. “Fingerprinting is not enough, this is most distinguishable level of security and a great client experience,” he said.
 
“This is how we make lives easier, it is so simple that nothing really happens.”
 
Michael Mueller, managing director, head of cash management of Barclays Corporate Banking said that blood flow in a person’s finger is unique, more so than a fingerprint. He also confirmed that it is not storing biometric data and the information stays on the device. “We feel very confident that it is a very secure device and it is user friendly, when you upgrade security you introduce complexity – this does none of that. We believe that this is as simple as a click,” he said.
 
A spokesperson for Hitachi said that this device only stores a digital signature and biometric data on the device, and using it all a first – in ATM all we do is identify the user. Asked how safe that data was, he said it was built on SIM technology and international standards on security, and it is built according to protocol and to reverse engineer it “would take advanced technology and cracking AES codes”, which it said would be infeasible, if not impossible.
 
“This technology is well established in financial services and using this standard in a very secure environment, every transaction is created and authorised,” it said.
 
Barclays confirmed that this is currently only available for desktop, but it was confident that the technology would work in the mobile space. “Biometrics is the way to go in future and we are working on that, and customer feedback says they love it and on the corporate side we have this, so it is only a matter of time before we get this out more widely,” Mueller said.

FacebookTweetLinkedIn
ShareTweet
Previous Post

Problem passwords

Next Post

Cryptzone announce acquisition of HiSoftware

Recent News

SnapDragon Monitoring scam advice

Tips to Protect Against Holiday and Airline Scams

May 25, 2023
Access Segmentation & Encryption Management from MyCena

New security model launched to eliminate 95% of cyber breaches

May 25, 2023
KnowBe4 Helps Organisations Battle QR Code Phishing Attacks With New Tool

KnowBe4 Helps Organisations Battle QR Code Phishing Attacks With New Tool

May 25, 2023
Purple Logo, capitalised letters: SALT.

Salt Security Uncovers API Security Flaws in Expo Framework, Issues have been Remediated

May 24, 2023

The IT Security Guru offers a daily news digest of all the best breaking IT security news stories first thing in the morning! Rather than you having to trawl through all the news feeds to find out what’s cooking, you can quickly get everything you need from this site!

Our Address: 10 London Mews, London, W2 1HY

Follow Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

This site uses functional cookies and external scripts to improve your experience.

Privacy settings

Privacy Settings / PENDING

This site uses functional cookies and external scripts to improve your experience. Which cookies and scripts are used and how they impact your visit is specified on the left. You may change your settings at any time. Your choices will not impact your visit.

NOTE: These settings will only apply to the browser and device you are currently using.

GDPR Compliance

Powered by Cookie Information