Opus Research has penned a new report addressing some of the fears and myths surrounding the use and deployment of voice biometrics. Titled “Voice Biometrics, What Could Go Wrong? Understanding threats, weaknesses, attack vectors and how to mitigate them“, the report is aimed at differentiating the real threats from the hype, as well as providing effective techniques for voice biometrics implementation. The report summarizes “Intelligent Authentication” methodologies to guide decision-makers in driving rapid deployments and accelerated adoption. Authored by Opus
BCC Research has published a new report entitled “Forensic Technologies: New and Growing Markets“, in which it forecasts the total U.S. market for forensic technologies to reach $19.2 billion by 2022 from $12.7 billion in 2016 at a CAGR of 7.7 percent. The report states that computer forensics and forensics accounting will remain the largest sectors of this market, followed by DNA testing and fingerprinting/biometrics. In contrast, BCC predicts that analytical instruments and supplies to have the lowest growth rate.
Fingerprint Cards (FPC) commissioned research group Kantar TNS to conduct a study on how consumers perceive biometrics, including which methods are being used, for what, and why. The fingerprint is the number one biometric used today on smartphones. According to the study, fingerprint readers are only available on 42 percent of devices but 82 percent of respondents with access to the technology use fingerprint authentication. “As a leader in biometrics, and in order to develop future solutions as well as
As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. What a weird couple of weeks. Stock markets continue to hit record highs. The Dow Jones Industrial Average, the MSCI All Country World Index and the S&P 500 all continue to arc into uncharted territory.
Bitglass has released its “Data Games: Security Blind Spots According to Experts report” in which hackers rated facial recognition as one of the least effective enterprise security measures six times more often than fingerprint authentication. The finding is an intriguing insight in light of the new iPhone X’s migration to face-recognition authentication feature. Bitglass’ new report features survey insights from 129 White Hat and Black Hat hackers that attended the Black Hat 2017 national cybersecurity conference. Hackers emphasized that the
Goode Intelligence published a new analyst report that explores the impact of Apple Face ID on the market, as well as forecasts that revenues for mobile & wearable biometric authentication will surpass $14.75 billion by 2022. In its latest “Analyst Report, Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (fourth edition)”, Goode Intelligence also forecasts that by 2022 over 1.7 billion devices will have integrated biometric hardware and over 2.1 billion biometric software licenses will be sold. “The
Acuity Market Intelligence has published a new whitepaper, “Taming the Authentication Beast: Simplifying and Enhancing the Customer Journey with Biometrics in the Cloud”, which makes a case for the use of cloud biometrics. The whitepaper emphasizes that financial service organizations looking to experience the benefits of the digital revolution to improve security, reduce friction, lower costs, and attract the most desirable customers, will adopt biometric authentication in the cloud as the basis for improving and securing the customer experience. In
TMR Research has published a new research report that addresses the significant rise of the global market for fingerprint sensors and forecasts that it will continue to sustain such growth over the forthcoming years. The research report, “Fingerprint Sensors Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” offers a comprehensive evaluation of the market on the basis of its historical and present performance. The report’s authors explain that the increasing need for secured and effortless
Global Market Insights has published a new research report which forecasts the global biometrics market will surpass $50 billion by 2024. The company’s analysts attribute the growth to the high acceptance among various verticals including mobile banking and financial services owing to increasing security concerns. The report lists government initiatives for biometrics implementation combined with high deployment for criminal identification are also key factors driving industry demand. Analysts state that industry players will focus on technological advancements and new product launches
Accenture has published a new research report that finds that biometrics and advanced analytics are helping to revolutionize the way governments and public service agencies are addressing data security and privacy concerns. Titled ‘Emerging Technologies in Public Service’, the report explores the adoption of emerging technologies across government agencies including health and social services, policing/justice, revenue, border services, administration and pensions / social security. The report is based on Accenture’s survey of nearly 800 public service technology professionals across nine