September 28, 2016 — ATMs facing potential cyber threat with biometric skimmers
Robert Capps, VP at NuData, reacts to Kaspersky Labs comments that cybercriminals see biometrics as a new opportunity to steal sensitive information.
Kaspersky Lab has investigated investigated how cybercriminals could exploit new ATM authentication technologies planned by banks. While many financial organisations consider biometric-based solutions to be one of the most promising additions to current authentication methods, if not a complete replacement for them, cybercriminals see biometrics as a new opportunity to steal sensitive information.
Commenting on this research, Robert Capps, VP of business development at NuData Security said “We couldn’t agree more with Kaspersky Lab’s comments around the importance of protecting your physical biometric data from theft and misuse. Although the security world is desperate for new and improved authentication techniques, Olga Kochetova is absolutely right that physical biometrics have the added persistent risk of lifetime vulnerability attached to the method that other authentication methods simply do not have.
Fingerprints, irises and faces cannot be changed, but can easily be reused in a non-face-to-face authentication. How better to illustrate this example than a WikiHow step-by-step guide on how make fake fingerprints. As Kaspersky correctly states, facial recognition can be spoofed from social media, and it won’t be long until retinal skimmers are recording your eyes. If physical biometric authentication becomes widespread online, the skimming of physical biometric data will become big business – with far greater impact to consumers.
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