Mike, from this article, the Israelis were concerned with the encryption and storage. Unless you are in the know the sort of encryption and storage Equity has deployed you can't compare the two scenarios. The other point is suppose Equity stores the biometric data with similar standards as their other bank customer records, then it would follow that Equity bank is a risky affair!! Biometric authentication adds a layer of security which is a good thing, they probably need to add it to all their doors so that they don't loose 30m from fake auditors with kitchen knives.
I think it is a very risky affair. If the data lands on the wrong hands…. Israelis rejected a similar move by their government.
http://www.ynetnews.com/articles/0,7340,L-4069922,00.html
From: Stephen Munguti via skunkworks [mailto:skunkworks@lists.my.co.ke]
Sent: 05 October 2015 20:14
To: Job Muriuki <muriukin@gmail.com>; Skunkworks Mailing List <skunkworks@lists.my.co.ke>
Subject: Re: [Skunkworks] Equity Bank and Biometrics
The finger biometric scanning has been in operation in uganda for all equity customers for over a couple of years
On Monday, October 5, 2015, Job Muriuki via skunkworks <skunkworks@lists.my.co.ke> wrote:
> They have been recruiting users for quite some time now. I prefer it to signing documents.
> Regards,
> Job Muriuki,
>
> Skype: heviejob
>
>
>
>
> On Mon, Oct 5, 2015 at 12:00 PM, Peter Karunyu via skunkworks <skunkworks@lists.my.co.ke> wrote:
>>
>> Ladies and gentlemen,
>> It could be that my news sources are archaic, but I didn't catch the article that Equity Bank now requires you to scan your finger when withdrawing over the counter, untill I went to my branch over the weekend.
>> For a bank with such numbers, this is a huge undertaking, no?
>> I would also assume it makes fraud one step harder.
>> Anyone with more interesting details of this?
>>
>> _______________________________________________
>> skunkworks mailing list
>> skunkworks@lists.my.co.ke
>> ------------
>> List info, subscribe/unsubscribe
>> http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks
>> ------------
>>
>> Skunkworks Rules
>> http://my.co.ke/phpbb/viewtopic.php?f=24&t=94
>> ------------
>> Other services @ http://my.co.ke
>
>
--
Best Regards,
Stephen Munguti.
+254720425104
_______________________________________________
skunkworks mailing list
skunkworks@lists.my.co.ke
------------
List info, subscribe/unsubscribe
http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks
------------
Skunkworks Rules
http://my.co.ke/phpbb/viewtopic.php?f=24&t=94
------------
Other services @ http://my.co.ke