News and insight into biometric identification and authentication

IBM: Passwords on road to extinction

Monday, December 19, 2011

IBM released its five in five, a list of five innovations that are going to change the way people work and live, with passwords going the way of the Dodo.

The tech giant states that an individual’s biological makeup will be the key to their individual identity and safeguarding it. Individuals won’t have to remember multiple passwords but instead biometrics will unlock access.


“Imagine you will be able to walk up to an ATM machine to securely withdraw money by simply speaking your name or looking into a tiny sensor that can recognize the unique patterns in the your eye. Or by doing the same, you can check your account balance on your mobile phone or tablet,” the company states.

Individual characteristics will be will be collected through software to build a unique DNA online password. Multi-factor biometrics will match a unique profile.

IBM also predicts that: people power will come to life; mind reading is no longer science fiction; the digital divide will cease to exist; and junk mail will become priority mail [end] 

The Defense Advanced Research Projects Agency (DARPA) is recommending the elimination of password usage in favor of biometrical recognition, reports Government Computer News.

DARPA said on its Active Authentication site that complex passwords are too cumbersome to create, remember and manage, nor do active sessions have the capability to recognize whether the current user is the one who was originally authenticated.

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Sensor supplier Fingerprint Cards AB (FPC) has extended its partnership with Chinese biometrics provider Miaxis Biometrics Co. LTD to deliver biometrics products to the Chinese banking sector.

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CSC has partnered with identity authentication technology and services provider Daon to produce a biometric multifactor authentication service for the banking industry. The product, called ConfidentID Mobile, provides in and out-of-band identity authentication for transactions in multiple channels, including online and mobile.

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Gemalto announced that Raiffeisen Banking Group, a financial institution in Austria, has selected the Ezio Edge Optic solution to secure its online banking services. Raiffeisen is the first Austrian banking group that offers digital strong authentication devices almost everywhere across Austria.

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