You're so vein, you probably think this security system is about you.
BT and Hitachi Europe Ltd. are introducing a form of biometric identification that detects patterns of blood vessels beneath the skin, before computer users are allowed to gain access to resources in the cloud.
BT, once known as British Telecom, is introducing a cloud utility called BT Unified Trading federation that will incorporate Hitachi's Finger Vein Authentication Engine to make sure only authorized users gain access.
BT Unified Trading federation will be used by more than 15,000 member sites in the BT Radianz Cloud, the world's largest secure networked financial services community. Firms will retain responsibility for their own directories, authentication and the attributes they allow third-parties to see.
The federation facilitates the secure exchange of that information via a number of functions. These include single sign-on to cloud and enterprise applications and devices and identity and counterparty assurance.
"Greater security for storing and accessing customer information and transacting with business partners is becoming an increasingly prevalent regulatory requirement for the financial industry,” said Tom Regent, president global banking & financial markets and sales & marketing, BT Global Services, in a statement.
Hitachi's Finger Vein Authentication Engine involves a method “side lighting,” in which near-infrared lights sources are placed on both sides of a finger to capture images of the internal vein structure.
“It provides assurance over the identity of those accessing privileged information and makes the connection between the individual and the credentials they hold,” Akira Shimizu, managing director, Hitachi Europe Ltd. said in a statement. “For any enterprise, this means a real time solution, which is highly flexible, easy to use and practical for the end-user."
The article first appeared on Securities Technology News' web site
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