The Biometric Scan: April 2024
Hello and thanks for tuning into the April 2024 edition of The Biometric Scan!
?Here’s what’s new in the world of biometrics and Aware news since we last caught up…
As security threats grow more and more sophisticated (thanks in part to AI), organizations across all industries are considering ways to enhance the systems in place to raise red flags in suspicious circumstances, such as identity verification. Traditional methods of ID verification, including passwords, fobs or keycards, especially when they’re not used in a layered scheme, may fall short. But biometrics like facial recognition can help fill that gap, argues Aware’s Mohamed Lazzouni, and not just for financial services organizations.
In this latest episode, Aware CRO Craig Herman joins FindBiometrics Editor-in-Chief Alex Perala and The ChannelPro Network Executive Editor Jonathan Browning to chat about Aware's biometric solutions, Partner Ecosystem, where biometrics is headed, and more. Plus,?Alex and FindBiometrics Communications Director Tony Bitzionis dissect the top biometrics and digital identity news.
The White House unveiled a?groundbreaking policy?on Thursday (March 28) that requires federal agencies to identify and mitigate the potential risks of artificial intelligence (AI), emphasizing the government’s commitment to the responsible deployment of AI technologies. Under the new rules, each federal agency must designate a chief AI officer within 60 days. This officer will be responsible for coordinating AI implementation and ensuring compliance with the policy. Mohamed Lazzouni, CTO of the biometrics company?Aware, emphasized that the new regulations highlight organizations’ need to thoroughly educate users on biometric authentication by providing transparent options for consent or refusal.
?Plus, get more insights on the new AI regulation in this video with Aware CTO, Dr. Mohamed Lazzouni.
As with all web-based accounts, investors must take precautions to ensure their online investment accounts remain secure, including vetting of the trading platforms to ensure their security measures are adequate. Online investment accounts can be at risk from hacking or fraud, and investors must evaluate each platform they may trade on to ensure that this risk is as low as possible. As part of the due diligence process, investors should consider several key factors when deciding which trading platforms to use and which to avoid. In this article, we examine three important platform elements that should be present for investors to feel secure and confident when entrusting their investments and trades.
In a recent interview with Betanews, Inc., Aware CTO, Dr. Mohamed Lazzouni had the opportunity to share insights on the ethical issue of bias in biometrics and what needs to be done to prevent it. He covered important topics including the differences in how facial recognition systems work and how to make these systems more accurate, as well as guidance for organizations considering the implementation of facial recognition systems.
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