Fingerprint ATMs: Will thieves cut off your fingers?

2014-02-07 13:00
ATMs may undergo a transformation when they are equipped with fingerprint readers. (Duncan Alfreds, News24)

ATMs may undergo a transformation when they are equipped with fingerprint readers. (Duncan Alfreds, News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Cape Town - The use of biometric systems in banking will not empower criminal to cut off fingers because the technology has built-in fail safes, the developer has said.

South Africa may soon get ATMs (Automatic Teller Machines) that will authenticate bank customers with a fingerprint reader instead of the traditional PIN (Personal Identification Number) card.

However, News24 has been flooded with concerns that criminals will begin cutting off victim's digits in order to access their bank accounts.

"Before we know it, robbers will be cutting off our fingers to use at the ATMs," wrote News24 user Ian Van Zyl.

"Now they are going to steal your PIN and your thumb....wonder which thimb I should give up?" (sic) echoed Oldman Vic.

Fears

But the developer of the technology says that such fears are unfounded because the technology can check to see whether a finger is "alive".

"Lumidigm employs sophisticated algorithms for fake-finger detection, also called liveness detection or spoof detection, with our sensors to prevent the fraudulent use of a biometric. And this protection (algorithms) can be updated as new threats emerge," Mark Shermetaro, Lumidigm CEO told News24.

The company plans to introduce biometric ATMs to the South African market, and the technology has seen some success in Brazil. In Kenya, the technology is used in parallel with PIN cards to cut down on bank fraud.

In SA biometrics could follow a similar model where it is used in conjunction with a card to ensure that bank transactions are not fraudulent.

"Further, important or high-value transactions usually require multi-factor authentication, such as a fingerprint and a credential. In such a scenario, a hacker might have the credential but not the fingerprint," Shermetaro added.

In practice, a fully biometric system may also be limiting to people who usually send relatives to conduct ATM transactions on their behalf because the system requires that you have to present yourself to be scanned in order to access your account.

Soon after Apple introduced its iPhone 5s which featured a fingerprint reader, German group Chaos Computer Club showed that it could compromise the security, though the methodology was complex.

Complex PINs

This sparked fears that criminals would immediately exploit biometrics hardware to conduct sophisticated crimes.

However, even with PINs, criminals are often easily able trick people into revealing their pass codes or swop cards. Also, many people do not use complex number combinations for a PIN which makes it easier to spot their code from a distance.

"There's absolutely no comparison in security between a PIN - something you know - and a biometric - something you are. A PIN can be compromised, forgotten, or dumbed down so far that it is easily guessable," said Shermetaro.

What do you think of fingerprint equipped ATMs? Send us your comments


- Follow Duncan on Twitter
- News24
Read more on:    technology  |  e-commerce
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
83 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Five wrapping hacks you have to know before Christmas

Five gift wrapping hacks that will save Christmas for you!

 
 

I love summer.24

Sexiest Instagrams of 2014
Joburg hot spots for cocktails, craft beer, tapas and wine!
Summer Survey!
Great ideas for the best summer sandwiches!

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

30% off the bestselling books

Save big on the most captivating reads of 2014. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

It is hard to keep some sort of balance when the natural rhythm has flown out the window. The best thing to do is try not to keep...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.