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Complete Story
10/14/2019
Can Digital Privacy Go Too Far?
PYMNTS.com
Digital identity verification can come with privacy concerns. Using facial recognition technology and other biometric data is still controversial, but privacy concerns can also swing in the other direction.
Last week, Facebook came under scrutiny from U.S. Attorney General William Barr because the social media platform’s plans to encrypt messages on Messenger, WhatsApp and Instagram might be too private. The fear is that encryption could enable criminal activity.
There’s no question that the identity verification market is growing. It’s expected to reach $12.8 billion by 2024, while the biometrics market is projected to reach more than $59 billion by 2025.
The latest Digital Identity Tracker explores the latest developments in the world of digital IDs, new biometric verification methods, and how digital ID initiatives are being implemented around the world.
Privacy and Security Concerns
This year, global security concern remains at the highest level in 13 years of the Unisys Security Index.
Even so, not everyone is enamored of using fingerprints, faces and other unique biometric traits to verify ID. Earlier this year, San Francisco officials voted to prohibit the use of facial recognition technology by city workers. The rule also called on city agencies to submit their policies for surveillance technology so the public could look at them.
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