biometric technology weekly cypher

Biometric Technology for an Easier Life

The Weekly Cypher is specially curated to keep you up-to-date on the latest in cybersecurity, biometrics, and related news and innovations. Here are a few of the headlines you might have missed this week:

Veridium Announces Partnership in Africa to Bank the Unbanked | FinExtra

Veridium has partnered with Wala, a South African blockchain-powered financial services firm, to bring banking services to the un- and underbanked in Sub-Saharan Africa. The project is funded by a grant from the Bill & Melinda Gates Foundation and will utilize Veridium’s 4 Fingers TouchlessID to enroll and authenticate banking customers on unmodified Android phones in developing countries. [Read More]

Understanding 2FA | IT PRo

Cybersecurity needs an upgrade, and two-factor authentication (2FA) is the first step in the fight against malware, data breaches, and social engineering. We need to understand and embrace 2FA on the path to better security, whether it’s for our corporate or personal accounts. Nearly any service today, be it Google, Twitter, or your work computer login, offers the option for multi factor authentication, and we need to start using it. [Read More]

When Will We Stop Using Passwords? | Recode

Passwords are blatantly flawed, but we just can’t seem to give them up. From 2FA to biometrics, there are better options than passwords alone, but we need to honestly embrace them and stop simply signing into our online accounts with “password123!” Single sign-on technology isn’t an improvement either if the account you use to sign in with isn’t secured. That’s why we need to fully embrace biometric authentication and multi factor authentication. [Read More]

Credential Recovery is a Nightmare | CSO

Whenever we forget a password or lose a token, we call the help desk. This credential recovery process, however, is an absolute nightmare. It can take anywhere from 30 minutes to hours, and both your productivity and the help desk tech’s are destroyed while you wait. And that’s just in the corporate world. As consumers, when we lose passwords to secure accounts, it’s an even bigger hassle for the help desk because the workers have to attempt to verify our identities. [Read More]

New Features and More for 4 Fingers | Veridium

Veridium is marking the one-year anniversary of the first commercial deployment of its proprietary biometric solution, 4 Fingers TouchlessID, with the announcement of new features and a global commercial roll-out of the technology. In addition to the roll-out in Africa, Veridium has also added new Liveness and Export features to its biometric technology. [Read More]

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Veridium The True Passwordless Enterprise

Veridium The True Password-less Enterprise In February 2017 when I joined Veridium as CPO, I recognised and appreciated one of the biggest challenges for Enterprise