The latest market data from ABI Research shows that the market for smart cards and secure ICs grew to record levels in 2010, and is forecast to grow even further in 2011.
For years, organizations have relied primarily on username and password mechanisms to control access to data, networks, and applications. Recent studies suggest this approach is no longer tenable. The Verizon Business 2010 Data Breach Investigations Report found almost 50 percent of network breeches exploited stolen or weak credentials. A Price Waterhouse Coopers study showed 92 percent of firms surveyed had experienced a malicious security breech in 2009, with the average cost for large firms ranging from $440,000 to more than $1 million. Business 2.0 is good for hackers, too it seems
- By Chris Harget
- Jan 10, 2011
Company stresses secure access for healthcare facilities needing to meet HIPPA/HITECH requirements.
The company's director of Government Relations will serve as chair of the Identity Management Committee over the next two years.
Before joining the company, Bergman held several managerial and executive positions at leading Fortune 500 companies and is considered an industry expert in the field of biometrics.
Charles' responsibilities will include corporate finance, financings, mergers and acquisitions, and infrastructure planning to see AOptix through the company’s fastest and most exciting growth phase to date.
Hoyos Corporation will partner with Herta Security to implement iris-scanning technology in airports to deal with airline security issues and create a more-secure process from check-in to boarding.
HID Global and Wincor Nixdorf recently announced they have developed an ATM solution with an integrated contactless smart card reader. The jointly developed solution enables a single piece of equipment to process ATM and automatic fare collection transactions, enhancing customer convenience and efficiency.
The Security Industry Association recently released recommendations for use of biometrics with the federal government’s E-Verify employment verification program.
Increasing levels of cyber crime, numerous regulatory and compliance requirements, and an explosion in usage of consumer devices and applications in the workplace will drive organizational investments in security solutions in 2011, according to Unisys security experts.
Oberthur Technologies has been selected to provide its ID-One PIV smart card to members of CLEAR, Alclear LLC's Trusted Traveler program.
A recent online poll by Unisys Corp. reveals that consumers trust fingerprint biometrics over photo identification, PIN numbers or handwritten signatures to verify their identities when using a credit card or requesting personal information.
Cross Match Technologies Inc., a global provider of biometric identity solutions, is delivering its Mobile Rapid ID solution to local law enforcement in Martin County, Fla.
Intellicheck Mobilisa Inc., provider of access control and wireless security systems announced recently that the Port of Houston, Texas purchased the company’s TWIC readers and began an official pilot test using this new technology.
Biometric systems -- designed to automatically recognize individuals based on biological and behavioral traits such as fingerprints, palm prints, or voice or face recognition -- are "inherently fallible," says a new report by the National Research Council, and no single trait has been identified that is stable and distinctive across all groups. To strengthen the science and improve system effectiveness, additional research is needed at virtually all levels of design and operation.
Safran announced recently that it has entered into a definitive agreement with L-1 Identity Solutions, a identity management provider in the United States, for Safran to acquire the operating and holding company of L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services businesses, for a total cash amount of $1.09 billion.
The Security Industry Association (SIA) is taking the lead on privacy protection issues with the release of a 12-item “Privacy Framework.” The Framework was drafted to address privacy concerns related to the recording of video, the collection of personally identifiable information and the use of biometrics, RFID and other security technologies.
RSA, The Security Division of EMC, recently announced that RSA Professional Services has worked with Canon U.S.A. Inc. to provide U.S. government standard encryption for its embedded platform used to validate smartcards in Canon printers, copiers and multifunction products (MFP). RSA's technology has enabled the company to sell equipment that achieves the security requirements for smart card authentication to the U.S. public sector, such as the U.S. Department of Defense.
3M and Cogent Inc. announced recently that they have entered into a definitive agreement for 3M’s acquisition of Cogent Inc. for $10.50 per share.