Advanced Biometric Technology

Transcription

1 INC Internet Biometric Security Systems Internet Biometric Security System,Inc.White Papers Advanced Biometric Technology THE SIMPLE SOLUTION FOR IMPROVING ONLINE SECURITY Biometric Superiority Over Traditional Pass Words Real Time Legal and Biometric Identification Advanced Facial and Voice Verfication A Simple Cost Effective Internet Security Solution Embedded Technology Solution For Rapid Integration Simple & User Friendly Any Device Anywhere Anytime By: David Ackerman CEO 2011 IBSS INC. All trademarks, service marks and trade names referenced in this material are the property of their respective owners

2 Executive Summary Opportunity Internet Biometric Security Systems, Inc. is seeking to take advantage of the robust 30% high growth internet security market, by providing a radical departure and paradigm shift from the traditional use of anonymous pass word technology. Current internet security is plagued by an old outdated pass word security process that is becoming more complex and expensive to deploy. As a result, pass word security is becoming significantly more complicated and cumbersome for the end user. Pass words are still used by over 99% of all end users on the internet for securing confidential data during log in. Today, the use of outdated alpha numeric pass words is a fundamentally flawed security solution. Traditional pass words still promote an anonymous internet environment for the end user, leaving an invisible trust factor of actual identity. In addition, pass words are highly transferable security problem. As an example, an end user granted access in today s anonymous online environment requires no positive identification. The current internet environment allows an end user to go virtually undetected in using unauthorized pass words, which can be easily used to transact online ecommerce and credit card transactions resulting in huge economic damages. As a result of this outdated technology environment, online organizations from the US government to major high tech companies such as Google, Facebook, Match.com, and Sony are experiencing the vulnerability of pass word security, and limited online identification. Internet Biometric Security Systems, Inc. provides a simple, superior, and more cost effective solution over the traditional use of pass word technology. IBBS utilizes its unique patent protected technology that eliminates anonymity in the online security environment. Our security solution is a cloud based technology that is deployed in real time using both a legal identification and biometric identification platform for security verification of the online end user. The technical advancement of real time legal identification with multi biometric credentials is a significant improvement over today s anonymous identity and password security methods. IBSS technology provides the advantage of a virtual security environment during log in sessions accessing online confidential information. The technology solution is highly cost effective, simple, and can be rapidly deployed into any pre-existing website application requiring an improved end user security environment. No technical training requirements, no software installations, free upgrades, and stores no information on the client device for added security protection.

3 Executive Summary The Concept Internet Biometric Security Systems, Inc. has created a patent protected advanced security solution that eliminates the anonymous nature of the end user internet environment. By adding real time coupled legal identification with biometric human verification dramatically improves online security gateways from access to online credit card processing. Initially IBSS will deploy a secondary layer security solution that is design to integrate and strengthen current pre-existing traditional end user login security gateways. The security solution is a seamless fit of simplicity with superior biometric security credentials. The technology allows internet portals to efficiently and cost effectively enjoy the benefits of quickly verifying the authenticity of the end user in the course of providing daily business services from to ecommerce, which can be easily integrated with any pre existing pass word gateway. In comparison, with tokenization which deploys multiple layers of security. The cost of such technology is extremely expensive, integration is highly complex and time consuming, and the base technology remains committed to traditional text and pass words. IBSS provides a much simpler solution, which is more users friendly, more cost effective, can be deployed rapidly and is a superior technology that eliminates anonymity.

4 The existing problems on Consumer Internet Security A bigger security threat is inside the enterprise network. Passwords are transferable to trusted employees, contractor or partner,that can incur more cost and economic damages to an organization than any outside hacker. Tradition Alpha numeric pass words are transferable and can be used anonymously by anyone whom has access to a keyboard. No biometric credentials. This below report defines the existing problems that are on the internet, 10 million Americans fall victim to identity theft each year The cost of identity theft to U.S. businesses is estimated to be more than $50 billion a year. Nearly 2 million American households a year have their bank accounts, credit cards or debit cards compromised. The average amount stolen from each American consumer amounts to nearly $5,000 Source: U.S. Federal Trade Commission percent of victims have difficulty removing negative information from their credit reports because of identity theft. April 2011 of this year alone, some 30 data breaches at hospitals, insurance companies, universities, banks, airlines and governmental agencies impacted nearly 100 million records. Source: U.S. Federal Trade Commission 2011 Sony failed to adequately protect their personal data for months after hackers first ravaged the company and exposed millions of customer accounts from April 16 to 19. Sony, they claim, estimated loss of 1 million passwords Sony July 2011 Google has publicly identified China as the home base for a scheme aimed at hijacking information stored on Google's vast network of computers phishing scams and other underhanded behaviour that hackers frequently use to obtain passwords from people and websites that aren't vigilant about protecting the information Google June ,000 employees were required to change their "SecureID" passwords. hit by a sophisticated cyber attack on its SecurID products Lockheed Martin/EMC May Million User Id s and passwords stolen in Washington Post Jobs Site hack Washington Post July 2011 iphone hacked and passwords stolen in six minutes Apple February 2011

5 IBSS Real-Time Biometric Security Solutions Internet Biometric systems, Inc provides the online superior webcentric on demand biometric security solution for any type of web based application Online Banking Systems: Online banking (or Internet Banking) allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank or credit union. IBSS technology adds a second layer of advanced biometric security that both legally verifies the end user in real time but also provides advanced biometric credentials for authentication for a tighter level of security by creating a virtual banker customer environment that can log each transaction in real time from beginning to end. This eliminates the potential for stolen or misused pass words, and eliminates the anonymous environment of the end user reducing the risk of loss to the banking industry. Healthcare Medical Records: A Medical Record, Health Record, or Medical Chart is a systematic documentation of a single patient and it is highly confidential to everyone. This confidential information online access has to involve the high level security mechanism over the internet. This Biometric System provides the efficient way of accessing the user's Medical Records. Online Credit Card Access: Online credit or debit cards are highly used for online shopping over the internet. Today s online ecommerce transaction is conducted in an anonymous end user environment. Credit card companies have not actual means to verify the identity of the end user during the transaction. In the event of a stolen pass word, credit card, or debt card, the unauthorized users can easily make purchases online without revealing their true identity. This continues to plague the credit card industry with significant economic losses in the $Billions of dollars each year. IBSS provides a superior security solution that deploys real time legal and biometric identification and verification at login, which can act as second layer on top of pre-existing online security. In addition, a virtual merchant- customer experience can be captured and recorded from beginning to end and logged to an audit file, which eliminate the anonymous identity of the end user. Online Dating: Online dating or Internet dating is a dating system which allows individuals, couples and groups to make contact and sharing their personal information with each other over the Internet. IBSS solution provides the solution to validate the person's SSN details to mark them as "legally verified" and only the legally verified users can use the system. Biometric solution can capture / validate the users whenever they logon into the system. Existing Logon Methods: All the logon methods are purely relied on the passcode mechanisms; this biometric solution can be an additional authentication level or can act as complete replacement solution for the passcodes.

6 Online Banking Enhanced Enhanced Protection Protection Online Credit Online Credit Card Card Processing Processing Electronic Electronic Medical Medical Records Records Online Dating In-House Corporate Human Resource Managemant Large Corporate Enterprise Database Security and Identity Social Networks Conclusion The Biometric solution provides high level security on the internet for various solutions with low cost and time saving process