Thursday, June 23, 2016

"Sci-fi Banking"

The future is now--at least when it comes to verifying one's identity.

Facial scans, eye scans and the ever-popular fingerprint, along with other biometrics are all being used in some of the nation's largest banks--but a password?

Not so much, according to The New York Times:
"Millions of customers at Bank of America, JP MorganChase, and Wells Fargo routinely use fingerprints to log into their bank accounts through their mobile phone. The feature, which some of the largest banks have introduced in the last few months, is enabling a huge share of American banking customers to verify their identities with biometrics. And millions more are expected to opt in as more phones incorporate fingerprint scans."
And that ain't all folks. Other biometrics have begun to come online as well:

  • Wells-Fargo uses eye scans 
  • Citigroup uses voice recognition
  • USAA (military bank) uses facial contours
"We believe the password is dying out," said Tom Shaw, Vice President for Financial Crimes Management at USAA. "We realized we have to get away from personal identification information because of the growing number of data breaches."

The ubiquitous iPhone, many equipped with touch pads, cameras, and microphones has made what used to seem like science fiction--a reality.

"It is harder to take someone's eyeball than someone's user ID and password," said Steve Ellis of Wells Fargo.

Maybe so, Steve Ellis. But what if they knock you out first, drag you off to some creepy bio-thief surgeon who steals the eyes from your head?

Unfortunately, where there's a will, there's a way.

A wise man once said: "When this gets hacked, and it will, what's next? A full body scan backed up by some DNA? Then the hackers can get all your info, clone you and the fun!" -- Roger 124, commenter
He required everyone--great  and small, rich and poor, slave and free--to be given a mark on the right hand or on the forehead. And no one could buy or sell anything without that mark..." Revelation 13:16-17

  • Reuters: N.Korea says missile gives "sure capability" to attack U.S. in Pacific
  • The New York Times: Zuckerburg (Facebook) covers laptop photo, video & audio portals with tape as security measure
  • RT News: Russia to reveal location of U.S. military satellites in free report  

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