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EP897: Could a large-scale hack of biometric data trigger a global banking crisis?

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Manage episode 495019317 series 3354889
Content provided by IBS Intelligence Podcasts | A Cedar Consulting Unit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IBS Intelligence Podcasts | A Cedar Consulting Unit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Michael Marcotte, Founder, Chairman & CEO, artius.ID

Banks currently store customers’ biometric data on centralised systems, making it highly vulnerable and attractive to hackers. A successful breach of this data could result in group litigation from customers large enough to destabilise both the bank itself and the surrounding financial ecosystem. In 2016, Michael Marcotte co-founded the US National Cybersecurity Center, which works with companies and governments to improve national security and computer security. Now he is Founder, Chairman and CEO of artius.ID, which offers secure, self-managed individual identity solutions for S&P 500 majors.

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899 episodes

Artwork
iconShare
 
Manage episode 495019317 series 3354889
Content provided by IBS Intelligence Podcasts | A Cedar Consulting Unit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IBS Intelligence Podcasts | A Cedar Consulting Unit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Michael Marcotte, Founder, Chairman & CEO, artius.ID

Banks currently store customers’ biometric data on centralised systems, making it highly vulnerable and attractive to hackers. A successful breach of this data could result in group litigation from customers large enough to destabilise both the bank itself and the surrounding financial ecosystem. In 2016, Michael Marcotte co-founded the US National Cybersecurity Center, which works with companies and governments to improve national security and computer security. Now he is Founder, Chairman and CEO of artius.ID, which offers secure, self-managed individual identity solutions for S&P 500 majors.

  continue reading

899 episodes

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