2020 will mark the end of passwords as biometrics arise

Friday 23 January 2015 11:55 CET | News

Half of people aged 16 to 24 believe 2020 will mark the end for passwords and pin numbers, as biometric security takes over, a recent study unveils.

According to research by Visa, 69% of respondents aged between 16 and 24 (dubbed Generation Z) believe it will be easier and faster to use biometric identification than remembering passwords and pin numbers.

This age group is also keen to adopt biometric security. Some 76% feel comfortable with the concept of making payments using biometric data. Generation Z also favours fingerprint scanning over other forms of biometric identification.

Findings indicate that nearly 70% of respondents expressed a desire to use fingerprints rather than passwords, while 39% favour retina scans and 27% favour face recognition.

The research was conducted on a batch of 2,000 people.

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Keywords: online security, web fraud, facial recognition, biometrics, touchless, application, 2020, passwords
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

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