Biometric recognition technology is marking new heights due to its rapid adoption by a majority of the industries ranging from finance to social media. According to Statista, its overall market size is expected to cross $83 billion by 2027. Despite all the convenience and security biometrics have brought to industries, they still have developed some myths. For instance, they can be stolen, infringes on privacy, and is vulnerable to data breaches.
As evident from various use cases such as medical identity theft prevention, identification of money launderers, secure players’ onboarding, and others, biometric user authentication is a reliable solution. In order to counter criminal activities, this technology provides robust preventive measures. The blog entails common myths regarding biometric screening and how online solutions address them.
Biometric Identity Verification – Mere Myths that Holds Industries Backward
In this fastly evolving world, chances of criminal activities, fraudulent interactions, and data compromising are becoming commonplace. While having advanced tools at their disposal fraudsters easily bypass identity verification. However, biometric screening solutions place gates in their way by employing checks like facial verification, fingerprint analysis, and various others.
While AI-powered solutions are streamlining every industry and its overall operations, they still have some reservations. Further details regarding the myths related to biometric recognition and their answers are in the next section.
- Biometric Data is Easy to Steal
Undoubtedly, biometric ID data is replicable. With the presence of advanced tools like photoshop, criminals can easily create fake facial features. Further helping them in this malicious act is social media sites. Users upload pictures on their accounts that help fraudsters copy the features. Similarly, they can make 2D/3D masks by using materials like silicone. This helps them escape the biometric screening checks.
However, the way criminals can steal customers’ Personally Indeitficable Information (PII) and their log-ins/passwords, they can not forge facial features. The AI-powered biometric authentication solutions are not less prone to criminal activities. They use anti-spoofing tactics to help industries draw a line between fraudsters and legit users.
- Facial Verification and Biometric Recognitions are the Same
One of the major misconceptions of industries regarding biometric identity verification is that it is the same as facial verification. However, that’s not the case. The former involves collaboration from customers while directly benefiting both the industry and users. However, the latter does not require the consent of individuals. For instance, security, surveillance, and border control agencies monitor and identify offenders by scanning their facial features. The individuals are not aware of this process.
Moreover, biometric screening involves the consent of the customers and they are well aware of what they are going through. Similarly, industries outline the requirements for a better understanding of the end-users.
- Biometric Verification Compromises Privacy
Industries have developed another myth over time that biometric ID solutions compromise data security. However, this technology provides robust identity verification checks that aim to enhance users’ security.
With solutions like facial verification and liveness detection, industries can grant access to authorized entities. This helps restrict fraudsters at the bay. Therefore, the perception that biometric recognition compromises privacy is a mere myth.
- Biometric Recognition is Intrusive
Inefficient biometric recognition mechanisms can bring disruptions and an unpleasant experience for customers. Considering this, the industries have developed this misperception that this technology is intrusive. However, AI-powered biometric screening solutions do not bring any unpleasant experiences.
Moving on, the technologically advanced biometric security systems provide convenience and a user-friendly experience. Similarly, industries using these solutions can improve their overall operations. With services like easy facial verification and instant results, digital biometric security checks eliminate any disruptions.
- Biometrics Increases Chances of Data Breach
As per industries’ perception, biometric data is kept in huge databases in the form of raw information with labels of full names and other identity details regarding the respective customer. Furthermore, records are perceived as more vulnerable to data breaches. If industries are using badly designed biometric recognition mechanisms, they are more likely to face this threat of data compromise.
However, with efficient biometric identity verification solutions, industries can restrict unauthorized access of fraudsters. They use AI-powered tools that eliminate chances of error. Moreover, biometric security checks safeguard databases by employing robust authenticity checks. This makes the technology more reliable and less compromising.
It All Adds to
Despite all the myths, biometric recognition is seen taking over the identity verification process in every industry. It helps online platforms bring convenience, security, and seamless digital onboarding to legit customers. Where in one case inefficient biometric screening can give rise to myths, AI-powered solutions help address them. They provide industries with robust result-driving solutions that make the identification frictionless while providing answers to industries’ misperceptions.