ThirdFactor | As security need rises, Chinese biometric market expects growth

Thursday, August 14, 2008

China and surrounding countries have been seeing an increase in computer data security technology, such as biometric access control, and a trend away from physical computer security, such as laptop locks, as computer theft has been heading towards the data being more valuable that the machine itself, according to a Computer Products article.

Companies such as Hong Kong-based Linpo Optics have developed biometric hardware beyond the basic built in fingerprint reader on laptops to include biometric access controlled flash drives and mice. Other companies, such as RCG Corp., have developed facial recognition technology and built them into consumer level laptops that enables the access to the machine. Additionally, many other technologies are being developed and the markets seeing growth as concerns over data security rises in many Asia countries.

Read the full story here.

Report: Security driving smart card industry

A new report from ABI Research reveals that the security sector is driving growth in the smart card industry, according to esecurityplanet.com.

“New revenues are coming from contactless/dual-interface cards and more applications require the greater security offered by smart cards. There remains a small, but solid, memory-based market, but higher-end secure microcontroller ICs and embedded solutions are driving the new growth. As a result of this and re-stocking inventory, we forecast that IC revenues will grow nearly 14% in 2010,” said ABI Research analyst John Devlin.

Biometric Signature ID announces results of software study

Biometric Signature ID (BSI) announced positive results from a study of their software-only approach to biometric authentication for students using PCs. The new solution utilizes gesture biometrics via a user’s mouse and is envisioned to provide distance-learning students a more effective and secure means of accessing personal student files, discussion groups and other private areas of school networks.

Chinese card manufacturer partners with LEGIC

LEGIC Identsystems Ltd has entered into a new licensed partnership with Shenzhen Card Intelligent Science & Technology, a Chinese manufacturer of IC cards and electronic tags.

Hitachi rises to the top meeting market demands

Hitachi ID Systems has worked to address the trends in the identity and access management market as reported in the February 2010 report “Market Trends: Identity and Access Management Market, Worldwide 2007-2013” from Gartner. The top trends were identified as: vendor consolidation, passwords acting as primary authentication, strong interest in cloud computing and software-as-a-service, internal controls as the key driver for ID management projects, and the fact that many of these projects continue to fail or run over-budget.

North American biometric market report released

Companiesandmarkets.com has released a new report detailing the status and expected future of biometric technology in North America. Specifically detailed in the report are market drivers and restraints, industry trends, competitive environment analysis and challenges facing those in the industry taking into consideration fingerprint, face recognition, iris recognition, hand geometry, voice verification, signature verification and other biometric modes.

Ceelox completes online authentication prototype

Ceelox has announced that it has finished development of a prototype application that would use Ceelox’s fingerprint biometrics to enable biometric authentication in online environments such as corporate intranets, cloud computing networks and commercial applications like online banking and other personal account-based access.

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As security need rises, Chinese biometric market expects growth