Biometric security growing

July 2011 Information Security, Financial (Industry)

Fortifying the enterprise involves more than bricks and mortar.

Interest and investment in enterprise information security architecture and related solutions is on the rise. Specialists in the field of identity management services and support believe that there is now a far greater appreciation of security technology and related processes to protect internal and external resources.

Top of the list of security-related priorities is biometric-based solution investment, says Marius Coetzee, COO, Ideco Biometric Security Solutions. “Biometric technology is one of the fastest growing areas in the field of IT security system and identity management solutions. We believe as ICT systems and networks grow in complexity and threats emerge, this area of technology development will remain at the forefront of security. The fact is that decision makers understand that risk management and security has implication and impact on every level of operation within a business.”

Marius Coetzee
Marius Coetzee

One of the main drivers of this technology in industry is the growing need to protect resources and apply systems in order to regulate who does what, when, where and how.

“We are all aware of the fact that the majority of threats to the security of a business originates from within an organisation. Security today is not only about guarding networks against cyber attacks and physical access control, it is about understanding the critical requirements of each and every aspect of a business operation,” Coetzee explains.

Correlation and enhanced communication between all silos of business, including financial, HR and strategic operations, is on the increase. As examples of use of biometrics in business, Coetzee refers to the Department of Home Affairs and its application of online fingerprint verification against the national population register (HANIS), as well as the offer of identity certification under the ECT Act by the South African Post Office.

“Among the most important messages we are communicating to the market is that physical biometrics such as fingerprint is regarded as the most mature and accurate way to authenticate an identity. It is finding significant application within the financial sector, for example,” adds Coetzee.

“The area of security control via technology is not without its risk. Service providers are mushrooming and it is critical that decision makers examine credentials carefully to ensure that product is fully compliant, that track records, market experience and knowledge is relevant and credible,” says Coetzee.



Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

The dangers of parked domains
Information Security
Kaspersky warns that fraudsters are exploiting so-called ‘parked domains’ to harvest sensitive personal data from unsuspecting users. These deceptive sites often masquerade as error pages or ad-filled placeholders, exposing users to privacy breaches and potential identity theft.

Read more...
Security has an identity problem
Access Control & Identity Management Information Security
Cybersecurity discussions have mainly focused on defence, including stronger firewalls, tighter network controls, and better endpoint security. However, in today's world, those traditional defences have become less relevant.

Read more...
Detect procurement fraud before losses escalate
Security Services & Risk Management News & Events Financial (Industry) Editor's Choice
Organisations need to move procurement fraud prevention closer to the point where suspicious activity occurs, rather than relying primarily on investigations after money has already been lost, according to SAS and FACTS Consulting.

Read more...
Buying more security tools is not building a defence
Information Security
Sophisticated attacks are specifically engineered to bypass individual security tools, and companies absorbing the damage are those who have confused procurement with protection, says Richard Frost from Armata Cyber Security.

Read more...
Modernising ‘smart’ ports
IoT & Automation Information Security Transport (Industry) Logistics (Industry)
A modern port is part of a much larger digital trade ecosystem where all systems need to work together. If one part of that ecosystem is disrupted, the impact can quickly move through the supply chain.

Read more...
Reinventing cybersecurity
NEC XON News & Events Information Security Commercial (Industry)
NEC XON helps a workforce solutions leader reinvent cybersecurity with an AI-enhanced XDR solution to keep pace with increasingly devious cyberattack techniques, including fileless malware, lateral movement, and credential misuse.

Read more...
Hold the line
BlueVision Information Security Editor's Choice
While most businesses are still focused on guarding the wall, the perimeter today has moved to the login screen, according to Christo Coetzer, founder and managing director of BlueVision Technologies.

Read more...
AI fraud is outrunning banking defences
Security Services & Risk Management Financial (Industry)
South Africans are increasingly being targeted by AI-generated fraudsters who sound just like bank employees. However, many local banks are still struggling with legacy tech, slow change processes, and limited data visibility.

Read more...
Attackers are turning AI to their advantage
Information Security AI & Data Analytics
ESET's H1 2026 Threat Report analysed around 900 000 AI skills and found more than 3000 to be outright malicious, exposing a fast-growing attack surface for organisations experimenting with AI.

Read more...
BlueVision launches Fusion Cloud
BlueVision Information Security Products & Solutions
Most businesses have moved to the cloud, including Microsoft 365, Azure, AWS and more, and in doing so assume they're protected because they're using a reputable platform; however, the reality is somewhat different.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.