HIGHLIGHTS
- KFTC has introduced new biometric authentication model to prevent fraud in online transaction.
- Expressing concerns about invulnerability on online banking system and sensor hardware, KFTC said that hacking verification devices such as smartphone cameras was not impossible.
- The new system will replace the legacy digital accredited certificate system.
Korea Fin....
Tags : Korea Financial Telecommunications and Clearings Institute, KFTC, digital forgery, online transaction, cyber fraud,
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