So I was reading a Computer World article that says Apple will replace passwords on the iPhone with finger print & iris scanners and they will be what secure your banking. This is incredibly dumb. At the end of the day, you still have to translate your fingerprint or eye scan into ones and zeros. If someone grabs those ones or zeros, or records scans of you a la ATM PIN scanners, then you are screwed. By using biometrics, you will NEVER be able to change what secures your banking. With passwords, you can change your secret code any time. With a fingerprint scanner, you have to chop off your finger. With an eye scanner, you have to gouge out your eye.
People, biometrics are inherently flawed.
People, biometrics are inherently flawed.