Credit Card Fingerprint Scanner Dennis Seran CS 410 / Spring 2004

Introduction Identity theft has become one of the most common forms of criminal activity Credit card fraud is the main form of identity theft

Introduction Identity theft is on the rise and shows no signs of slowing down

Introduction Cost businesses and financial institutions a total of $48 billion in 2002 Cost consumers another $5 billion in 2002

Current Problem Credit card numbers are easily obtained from transactions Actual credit card is not needed for transactions, just the number Human factor – we lose things!!

Fingerprint Scanner

Capture Extraction Preprocessing Detect minutia System search for similarities (matching process) Acceptable score How it Works

Advantages Time to develop –12 to 18 months Provides greater security – now two requirements are needed Fast and easy to use Inexpensive, price ranges from $50 - $200

Concerns Now my fingerprints are accessible to criminals Modification of software and hardware

Conclusion Identity theft is a problem that has no preferences and can attack any of us at any time A growing need and thus demand for a solution Greater security leads to a more peace of mind

References