Inside the Briefcase

How Security in Tech is Being Reinforced

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How Security in Tech is Being Reinforced

June 16, 2022 No Comments

by Ben Wardle

In an increasingly digital world, security has become a central aspect for users. As a result, manufacturers, app developers and technology companies have developed tools that can help keep users safe and protect their data. In fact, nowadays, new innovative security procedures go beyond the simple password or number combination. Join us as we go over some of the leading security innovations in the world of technology.

E-wallets

One of the top security tools in the digital world are e-wallets. These types of online services allow you to store bank card details in a single virtual wallet. Using these details, mobile phones can become an extension of bank accounts, allowing users to make payments and other transactions.

Several manufacturers have created their own e-wallet apps which can offer different features that can range from performing payments to managing a virtual account. In this sense, e-wallet apps must undergo a series of certifications while they are under development and are required to feature sophisticated security systems and data encryption.

In practical terms, this means that e-wallets have the benefit of being able to gather information related to different bank accounts without storing any funds. As a result, e-wallets have become a popular payment method, especially when it comes to online transactions. Virtual wallets have particularly gained traction in the gambling industry, as more casinos are now accepting this as a form of payment. For instance, users interested in online gambling can use e-wallets to pay to make their deposits at online casinos, without them having to enter sensitive information or disclosing any personal details. In fact, digital payment methods have become of such importance to these players that they number among other important criteria such as free spins for review sites. And indeed, these quick and convenient new payment methods are being adopted by more and more online businesses.

 How Security in Tech is Being Reinforced

Biometric Security

Another aspect of digital security is specific security systems that can be found across multiple apps. One of these systems is biometric security, which takes into account physical characteristics that are unique. An efficient biometric system consists of three stages: capture (obtaining the data), extraction (reproduction of this data) and standardization (conversation in a format that can be stored safely).

Currently, there are several types of biometric security, including fingerprints, which are practically unrepeatable; 3-dimensional facial recognition, capable of mapping the main traits and characteristics of anyone’s face and easily recognize different subjects; and, voice recognition, which relies on the unique vocal arrangement of each individual.

 How Security in Tech is Being Reinforced

2-Step Verification

When it comes to innovative security tools that seek to build on previously used systems, the 2-Step Verification process is one of the most widely used methods. This process keeps accounts secure by asking users for confirmation on their identity while they are login in. This request can be made when the customer’s IP address is different from the one normally used, avoiding potential security breaches.

For instance, one’s identity can be confirmed by choosing to receive an alphanumeric code via SMS or email, a call from an automated service, or opening a notification on a mobile app linked to the service that the user wants to use, among others. Several online services, such as Google, Facebook, Twitter, WhatsApp, among others, have already adopted these types of security and seen plenty of success

While all these security innovations have benefited users and their online security, developers and programmers must find new ways to protect the biometric and across-app data stored by apps and smartphones as they contain highly personal information.

APPLICATION INTEGRATION, CLOUD DATA, DATA and ANALYTICS , DATA PRIVACY, DATA SECURITY, Inside the Briefcase, MOBILE DATA, SOCIAL BUSINESS

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