Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

New Report Suggests Flaws in RFID-powered shoe-and-MP3 Fave

Friday, December 1, 2006

Wanna take an iPod jog?

Don’t count on security.

The Nike+ iPod gives runners real-time updates about the speed and length of their workouts via a small RFID device that fits into the soles of Nike shoes, and broadcasts workout data to a small receiver plugged into an iPod Nano.

But in doing so, tech-savvy stalkers, thieves and corporations, may be able to more easily track your movements, says a report from four University of Washington researchers [end] 

Bank customers are responsible for detecting fraud 82% of the time, according to Information Security Media Group’s 2012 Faces of Fraud Survey.

Banks responding to the survey reported that the three leading causes of fraud they experienced were card-not-present – 56% – data breach at a retailer or processor – 53% – and point-of-sales skimming – 47% – all root causes over which the consumer has very little control.

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16 million NFC SIM cards were shipped in 2011, according to the latest annual report from the SIMalliance, a SIM card trade association.

This marks the first time that NFC-enabled SIMs have been shipped in large enough quantities to be included separately in the SIMalliance annual data, according to the organization.

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MarketsandMarkets has released a new report predicting that the NFC applications market will surpass $10 billion by 2016 at a compound annual growth rate of 38% from 2011 to 2016.

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The Boeing Company has said it plans to develop its own smart phone this year, writes Redorbit.com.

The Android phone is expected to have high-security features including encryption, biometrics and physical locks that make it ideal for military and government use in defense and intelligence. Boeing believes the phone could be targeted toward commercial users as well.

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Tyfone has been awarded two U.S. Patents for its new miniaturized NFC antenna design.

Specifically designed for use in MicroSD cards, the mini antenna works with any smart card secure element, across multiple mobile devices and on any NFC reader without the need for external booster antennas or after-market battery covers.

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Reportlinker.com has added a new report by Frost and Sullivan to its catalog that examines the global health care biometrics market. Called “Strategic Analysis of the Global Healthcare Biometrics Market,” this study looks at the technology around all types of biometric capture, including fingerprint, face, iris, hand and voice.

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