Has fraud met its match?
Many prognosticators have pronounced privacy a pipe dream. With the mountains of personal information on social networks and the lack of security awareness by many users, cybercriminals have more than a snowball’s chance to grab anyone’s identity.
However, there are new ideas for counteracting identity theft that would take into account a person’s physical attributes to add another layer of security. The idea of using a fingerprint reader to log on to a smartphone isn’t new, but the latest wrinkle is to incorporate the pressure with which that finger types on the phone.
More than 41 million Americans have had their identities stolen, and millions more have had their personally identifiable information (PII) placed at risk through a data breach, according to a Bankrate.com survey of 1,000 adults conducted last month.