The state of biometrics: Where your peers are going all in
Less than a decade ago, you would’ve been hard-pressed to find a handful of your peers relying on biometrics like fingerprint scanners and facial recognition for business and security purposes. But times have changed.
Nearly two-thirds of your peers (62%) now use biometrics for a variety of business and security purposes, most often employee access. And another 24% say they will in the next two years.
Those yardsticks come from the folks at IT network firm Spiceworks.
So what are they using and how are they using it? Here’s an idea.
The tools they’re tapping
As for what type of tools they’re tapping, compare your approach against this:
- fingerprint scanners (57%)
- facial recognition (14%)
- hand geometry recognition (5%)
- iris scanning (3%)
- voice recognition (2%), and
- palm-vein recognition (2%).
How it plays out at work
Of course biometric technology is no small investment, which is why many of your peers have chosen the most cost-effective route: smartphones.
That’s the top way companies use biometrics for authentication, with 46% of companies going that route.
It’s followed by laptops (25%), tablets (22%) and time clock systems (17%).
But beware: Many experts say that while incorporating biometrics into a security plan is a smart move, you’ll never want to rely solely on it.
Instead it makes an excellent part of two-factor authentication, for example.
Free Training & Resources
White Papers
Provided by UJET
White Papers
Provided by Anaplan
Further Reading
Financial professionals who can read a chart are rightly worried about the long-term economic health of the U.S. To quote the late, great e...
If a recent survey by payables fintech provider Tipalti is any indication, finance automation is top of mind for most of your CFO peers. ...
Smart and efficient credit risk management is critical to the bottom line. It’s especially important if you’re like the many co...
In many embedded-payment workflows, payment timing is largely locked in at the moment a transaction is approved. Finance only discovers the...
Reorganizing data layouts is a common challenge for financial professionals. Excel’s Transpose feature lets you quickly switch rows and c...
The success of Finance depends on an accurate and efficient A/P department. That includes every step of invoice processing – receivin...