Cloud-Based Biometric Authentication Is Underway
Cloud-based biometric authentication is emerging as a key trend in digital services, according to a new white paper from Acuity Market Intelligence. The trend will be particularly important for financial services organizations, who ignore it “at their peril,” suggests Acuity principal analyst Maxine Most in a statement announcing the white paper.
That’s not to say that device-based biometric authentication is becoming less important; Acuity predicts that by 2022, 5.6 billion mobile devices will be used to biometrically verify 1.37 trillion transactions. But Most argues that on-device biometric authentication can only link a user to a particular device, whereas cloud-based biometric authentication links a user “to a Unique Verifiable Identity (UVI) that is device and platform independent”. Cloud-based biometrics can also be supported by the continuous, passive authentication offered by behavioral biometrics.
Based on this prediction, a recent market forecast from Acuity echoes that as early as 2018, the shift from on-device authentication to server-based systems will be well underway. Again, that’s not to suggest that mobile biometric authentication will be of diminishing importance, with the report also predicting that the mobile biometrics market will rise from $6.5 billion last year to $50.6 billion in 2022.
Proponents of on-device biometric authentication argue that server-side systems are vulnerable to breaches, but Most says these concerns “have been sensationalized.” Anti-spoofing technologies, anonymous storage, and “disaggregating biometrics from other Personally Identifiable Information (PII) – including templates from multiple biometric modalities” offer compelling counter measures.
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Biometrics as a service has the same benefits as any other cloud-based service. It is cost-effective, scalable, reliable and hardware agnostic, making enhanced security accessible anytime and anywhere, points out a recent Technavio report.
It is this reliability and reduced costs that are contributing to strong growth projections for biometrics as a service. The global market is expected to more than double in value between 2015 and 2020, to reach a total value of $5.64 million, it said.
CIOs opine companies are moving the existing biometric technology to a cloud platform that ensures appropriate scalability of the technology, sufficient amounts of storage, parallel processing capabilities, and with the widespread availability of mobile devices also provides an accessible entry point for various applications and services that rely on mobile clients. Hence, cloud computing is capable of addressing issues related to the next generation of biometric technology, but at the same time, offering new application possibilities for the existing generation of biometric systems. Biometrics in cloud technology may help clients to ensure their information security while the service providers may consider this to be a cost effective security solution.
Cloud-based biometric technology offers attractive deployment possibilities, such as smart spaces, ambient intelligence environments, access control applications, mobile application, and alike. While traditional (locally deployed) technology has been around for some time now, cloud-based biometric recognition technology is relatively new.
Read more: Is Biometrics The Future For Smartphones?
Mobile cloud-based biometric is also an emerging market trend. According to the Bloomberg survey, the cloud computing will earn around USD 270 billion in 2020. Due to the advantages such as flexibility, mobility, and costs saving, the number of cloud users is expected to grow rapidly. Recent advances in cloud computing have given a platform to various computationally heavy tasks and made them readily accessible to even mobile devices.
According to a recent research, a New York-based firm, studies that more than 240 million businesses will use cloud services through mobile devices by 2015. That traction will push the revenue of mobile cloud computing to USD 5.2 billion.
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