Matt White, senior manager in KPMG’s cyber security practice, comments on the news that passwords will be replaced by a new generation of identity verification devices that read body functions such as heartbeat, glucose levels and vein patterns. He said:
"Passwords have been around for so long that they are an integral and accepted part of user transactions. Replacing passwords with biometric alternatives such as fingerprints provides better security, however it doesn’t completely eliminate the risk posed by cyber criminals.
“The largest hurdle with biometrics going forward will be the establishment of consumer trust. Trying to convince the average person to implant a piece of technology to increase security of their perceived already secure account is a battle unlikely to be won. Rather than spending money on developing more advanced biometrics companies should look to invest that money in user awareness and training (such as the government’s Cyber Streetwise campaign), which will provide their users with added security.”
Nahidur Rahman, KPMG Press Office
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a turnover of £1.9 billion in the year ended September 2014. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 162,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.