382: Behavioral Biometrics Startup, Reveals Hacks Occur After Authentication

Nov 13, 2017
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Over the last few days, we have heard stories about how a 10-year-old child was able to use their face to unlock their mother’s phone. There were also stories about twins being able to do the same with their siblings iPhone.

Although these quick headlines ensure a viral hit for tech websites with thousands of people hitting the share button, there is another inconvenient truth. Most hacks actually occur on the other side of authentication after you have entered your pin or unlocked your phone using facial recognition, which is something seldom talked about. I wanted to find an expert in biometrics and ID systems that was also passionate about identification as a critical tool for social and economic development. My quest led me to a company called BioCatch.

BioCatch was founded in 2011 by experts in neural science research, machine learning, and cybersecurity. Today, they are leading the way with new innovations and helping to secure the world’s largest banks and enterprises from next-generation cyber threats.

As Vice president of BioCatch, Frances Zelazny works closely with the CEO to establish comprehensive marketing strategy, including brand positioning, messaging and execution. She is armed with extensive experience with mobile payments, fintech, biometrics, and security technologies. I invited Frances onto the show to share her insights, expertise and hear all about her Women In Biometrics 2017 award.

  • We talk about the growing value of identity for hackers (SSNs, driver’s license numbers, etc.)
  • How far the impact of this data breach will be felt (i.e., third parties)
  • What companies like Equifax should have done to prevent an attack of this magnitude
  • How Equifax customers can address/overcome this compromising situation

There are many significant talking points in today’s episode. Frances also highlights how India is building a biometric database for 1.3 billion people. This podcast episode highlights how we all need to understand that there is much more to biometric authentication than facial recognition on the new iPhone X.

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