Swiped security

Thursday, 15 July 2004, 2:19 PM EST

No more keys. No more six-digit PINs. No more passwords. A more secure environment where there's nothing to remember or lose – that's the goal of biometrics. In fact, the hardest part may be making the authentication technology catch on.

Biometrics, a market segment, which until recently was only seen in spy flicks, is forecast to skyrocket through 2008. Overall biometrics is expected to climb to $4.64 billion in five years from the $719 million reported in 2003, according to the International Biometrics Group (IBG), a consulting firm.

By Suzanne Deffree at Electronic Business.

[ Read more ]




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