Monday, 20 January 2014

myris personal iris scanner looks to replace passwords

Source: Eyelock
myris is a new iris-scanning identity authentication device that promises to improve online security for its users and eliminate the need to remember the myriad of different passwords required for our different digital accounts.
The small, mouse-like device connects to a user's computer via USB and uses video to scan over 240 points on each iris and generate a unique 2048-bit digital signature for the user. After this, users need only hold the device up and look into its mirrored lens to gain access to their digital accounts.
Accounts, such as social networks, e-commerce websites and online banking, are linked to myris via an accompanying application, but no personal data is stored within the application, or transmitted. Authentication occurs on the device itself. Users are therefore able to set highly complex passwords for their accounts and simply forget about them, using myris to verify their identity instead.
EyeLock, the firm that produces myris in partnership with Voxx Electronics, says that the odds of a false ID with myris are one in 2.25 trillion and that only DNA provides a more accurate means of verification. The company's Chief Marketing Officer, Anthony Antolino, predicts that usernames and passwords will ultimately cease to be used and that products like myris will replace them.
myris uses video to scan over 240 points on each iris and generate a unique 2048-bit digit...
"It is a constant struggle for organizations and individuals to keep their digital, social and financial transactions safe from compromise, breach and theft," explains Antolino in a press release. "People are required to remember dozens of passwords in an effort to secure their data, however we continue to hear about security breaches daily. With myris, consumers and enterprise organizations now have instant and secure login to most of their digital access points."
EyeLock was established in 2006 and has historically provided iris-based identity authentication solutions to organizations, including Fortune 500, 100 and 50 firms. The company claims that myris is the first device of its kind to be simple enough for the consumer market.
myris is expected to be available to consumers this year and will be compatible with Windows 7 and 8, Mac OS and Chrome OS.

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