Account security is paramount to banks. Despite taking several precautions and beefing up security levels, there have been many instances of security breaches. Biometrics is seriously being considered as a viable option to meet these security threats. Biometrics - unique to each individual - when layered with another authentication factor (such as One-Time Password, etc.) can become a potent mechanism to protect individual accounts from getting hacked. Learn more in this presentation.
In an era where virtual banking is the norm, user
security is paramount for banks owing to cyber threats
While banks offer several security measures – for
instance, physical keyboards can be replaced with virtual
keyboards while logging in…
Banks have provisioned two-factor
authentication to improve user security.
And yet, user security gets compromised many a times.
Since many users find remembering bank account related
…such users note down confidential information on a piece
of paper exposing themselves to further risks…
In order to overcome these challenges, banks
are increasingly inclined to biometrics..
Biometrics recognize individuals by their unique
physical characteristics. These include:
A. Facial Recognition
G. Voice Recognition
While external biometrics such as fingerprint is relatively easier to replicate,
internal metrics such as heartbeat and finger vein are almost impossible to
replicate making these near failproof.
About ICFAI Flexible Learning Programs
ICFAI Flexible Learning Programs are designed primarily for Working Professionals to pursue their
management program while they continue to work. These programs provide them with the Skills, Knowledge
and Strategic Perspectives required for them to succeed at their workplace and promote their career
The programs range from Modular >> Certificate >> PG Diploma >> MBA in the functional areas of Finance,
Marketing, Operations, HR etc. and covers the industry sectors like IT/ITES, Health Care, Pharma, Telecom,
Banking, Financial Services and Insurance, etc.
Features - Flexible Learning Programs:
Convenient and Flexible Mode of Learning
Innovative learning methodology backed by Contemporary Curriculum
Quality Courseware along with new-age learning aids as part of the Hub & Spoke Learning Model
Online Counseling Classes
Web support for the students
Easy fee payment patterns including EMIs
Examination thru Computer Based Testing (CBT) pattern – conducted 4 times in a year, giving flexibility to
the working-class in choosing the schedules