A recent survey carried out by an independent specialist in market research for the technology sector Vanson Bourne has yielded results showing that 63 percent of participants whose organizations have encountered a data breach are planning to or already are implementing biometric authentication to protect themselves further against another episode.

Vanson Bourne are a highly reputable research company that specialise in market research for the technology sector, and carried the out the survey on behalf of a United States-based authentication solutions company.

The survey was taken by 200 U.S. senior IT decision makers in Arpil 2018, and showed a distinct lack of confidence in using passwords alone to secure data satisfactorily whilst highlighting how organizations are moving towards biometrics to secure valuable company assets, data and the such. The survey returned that 81 percent of IT decision makers were confident that biometric authentication technology safeguarded company assets more than using just passwords.

By examining the challenges and trends of authentication methods across industries, the research uncovers adjustments that IT leaders need to make to better protect their data.

Some notable results taken from the survey –

· Employees pose a noticeable risk to company security by using techniques that bypass company security policies at times. Some techniques include storing passwords within a web browser or password manager and writing down passwords.In fact 83 percent of survey participants reported that their employees use techniques to bypass password policy.

· Company confidence in passwords is low, and although a whopping 99 percent of IT decision makers reported that their companies use passwords to protect data/assets currently, only 34 percent of participants were satisfied with the strength of security that using passwords alone provides.

· More than half of senior IT decision makers report that their organizations have experienced a data breach within the last five years, showing a continual prevalence in data breaches.

· General Data Protection Regulations are a factor, with 89 percent of participants stating that the GDPR deadline is affecting their strategy when considering how to secure and manage the data of EU citizens.

· A huge majority of participants agreed that harnessing the power of biometric technology is the most promising method for both organizations and consumers to use with regards to secure authentication. Respondents quoted accessibility, increased security and heightened productivity from workforces as the main reasons for using biometric authentication.

Overall, the results of the survey showed an overwhelming consensus that biometric authentication technology would improve confidence in the storage of assets, date etc., and could also result in possibly contributing to higher work outputs and increased efficiency within workforces and organizations.

At BIOK Ltd. we are aiming to play a central role in bringing biometric technology to the forefront of the security and identity authentication sectors, and we believe that what we are developing is the way forward. It will also solve the issues with the underserved, undocumented and unbanked population in the developing markets as well as comply with new regulations coming out.

Visit www.biok.co.uk and participate in our Pre-Sale event now to receive a 50% discount before we move onto the crowd sale event at 12:00 GMT on the 16th May 2018.

Our prototype is personal, private and portable, empowering individuals to access and share appropriate information when convenient and without the worry of using or losing paper documentation. The technology will be able to provide undocumented customers/consumers with a steadfast personal identity record. This will reduce fraud and validate users for access requests in any medium solving the anti-fraud and
compliance/regulatory requirements.

Join us on our journey at www.biok.co.uk