Biometric Security
Samsung SDS announced on April 20 that its biometric authentication solution has received certification from Fast IDentity Online (FIDO), and has officially entered the market.
Partnering with Korea's top mobile transaction firm in the micropayment sector, KG Mobilians, and KG Inicis in the credit card payment sector, the company will start offering a simple payment service by fingerprint authentication in April. Also, it will join hands with the nation’s top certificate licenser, the Korea Information Certificate Authority (KICA), to provide authentication services based on biometrics.
Samsung SDS is the second firm in the world to receive certification from FIDO for its biometric authentication solution. The FIDO Alliance is an international standard setter for online authentication, which has around 190 members, including Samsung, Google, Microsoft, Visa, and PayPal.
Samsung's self-developed biometrics authentication solution is a substitute certification system that doesn't use a password, which reduces the risks of losing the password, identity theft, and hacking.
The biggest strength of the solution is that it could be supported by biometrics, including fingerprints, eye-scanning, and voice. Even when a user’s device is hacked, their identity is securely protected since, it the device has only basic information about the user. It means you don’t have to worry about biometrics leaks or falsification.
Since it can verify a user with a single touch and cannot be used by others without the user’s biometrics, even when the device is lost, it is considered to be a solution with security and convenience. Also, this system can be used in all devices from various hardware that needs to receive user authorization such as smartphones, vehicles, IoT-based devices, door locks, and smart homes, to online services including financial products, shopping, and financial transactions. Therefore, it has endless potential in the market due to the fact that all corporate clients in those areas are potential customers, said Samsung SDS.