Personal information, treasured memories, access to accounts, funny cat videos. These can all commonly be found in just one place, on your personal digital device.
With multiple passwords proving too difficult to remember, many of us now have these set to autofill, leaving our personal information vulnerable to malicious cybercriminals. However, general cybersecurity advice still recommends we update our passwords every 90 days, reintroducing the issue of remembering seemingly ever-changing passwords.
To overcome this, biometric data can be used as a physical key we will always have with us to help people access their personal information. Yet, while this technology eradicates the issue of frustrating updates or forgettable passwords, no solution is likely to emerge for human biological changes as we inevitably get older.
Sthaler worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. The company developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 0.9% holding in Sthaler.