posted on Oct, 14 2012 @ 11:51 PM
So the major Australian banks are moving to embrace this,really should not come as a surprise.
Identity theft is an ever growing problem around the globe
In Australia $1.4b lost to identity crime last year
In the US it 13.8 billion in 2010,so its a major problem.
What really bothers me about this type of bio tech, is if someone gets access to your accounts,we ring up and cancel our cards and get new ones.I`ve
had this happen to me and was fully reimbursed all that they took.
But what do we do if or when they swipe our bio info? eventually theives will find a way and Its not like you can ring up and renew your finger prints
or eye print.
If it works here for a time,other countries banks will jump on board.
I`m not feeling easy about what the next installment/solution to the problem will be,if my fears about the new tech is correct.Taged by RFID next?
(visit the link for the full news article)