Biometrics

Future in Banking Security

 TEAM MEMBERS
ABHISHEK SINGH 165
ASHWATHY GOPINATH 125
KIRTHANA KUMARVEL 141
ADITYA INAMDAR 136
KARISHMA MENON 146
SACHIN PATIL 157
 INTRODUCTION
What Is Biometrics ?

“Bio” – Physiological Traits

“Metrics” – Quantitative Analysis

 Features
Full proof Security and authorization
for facilities & computer network

“Effective tool to increase Productivity

of employee
Lessens Burdon of remembering
passwords
 Scope
Originally used by large corporations & govt.
and very expensive when first introduced.
 General Application in health care industry
(e.g. Health insurance portability &
accountability
 Most of the companies hoping to
incorporate some form of biometrics into their
facility or computer system
 Cont…..
Microsoft will develop future windows
versions that support biometric technology.

Japanese Bankers Association has announced

plans to establish a standardized biometric
customer identification system.
To boost micro financing initiatives, banks are
deploying biometric solutions with ATMs.
 Biometric Technologies
Fingerprints Hand Geometry
Retina Iris
Face- Face Signature
Voice - Voice
 Facial Recognition
Advantages
• Non Intrusive
• Cheap technology

Disadvantages
• 2D Recognition

• Requires Camera
 Voice Recognition

Advantages
• Non Intrusive (High social acceptability)
• Verification time is about 5 seconds
• Cheap Technology

Disadvantages
• Person’s voice
• Low accuracy
• Illness
 Signature Recognition

Advantages
• Non Intrusive
• Less time required for verification
• Cheap Technology

Disadvantages
• Signature verification
 DNA Recognition

Advantages
• Very high accuracy
• It is not possible that the system made mistake
• It is standardized

Disadvantages
• Extremely intrusive
• Very Expensive
 Retinal Scanning

Advantages
• Very high accuracy
• Replicate

Disadvantages
• Extremely intrusive
• Harmful to the eye
• Very Expensive
 Iris Recognition
Advantages
• Very high accuracy
• Verification time

Disadvantages
• Extremely intrusive
• Lot of memory used for data storage
• Very Expensive
 Finger print

Advantages
• Very high accuracy
• Easy to use
• Small storage space required
Disadvantages
• Extremely intrusive
• Possibility of error
 Hand Geometry

Advantages
• Can be easily integrated into other device or
systems

Disadvantages
• Very Expensive
• Not valid for arthritic person
Security Threats to Online Banking
Man in the middle attack
Pharming
Phishing
Key Logging
 BANKING SOLUTIONS THROUGH
BIOMETRICS

 ATM usage
 One-time passwords
 Fingerprinting through mouse
 Verification of electronic signatures
 Thumb print banking
 Deutsche & Citibank
 CONCLUSION
Easy to access.

Minimum chances of duplication.

Highly protected.

Latest technology.

Can store data easily.