Monday, July 11, 2016

Biometrics in Banking Is Not Secure

Author(s): 
Yana Welinder
Publication Date: 
July 5, 2016
Publication Type: 
Other Writing

Hacking of banks and identities is big business. An estimated 17.6 million Americans were subject to identity theft in 2014, mostly through breached bank accounts and credit cards. At this point, bank hackers are probably not looking for biometric data when attacking a bank. But even if it leaks as a by-product of a financial breach, criminals will find ways to abuse biometric data or resell it for further exploitation.



Read Full Story from Of Interest http://cyberlaw.stanford.edu/publications/biometrics-banking-not-secure
This article by Yana Welinder originally appeared on cyberlaw.stanford.edu on July 05, 2016 at 10:00AM

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