New biometric security system which will entail its customers needing to undergo fingerprinting and iris scanning in order to withdraw money from ATMs This is expected to be implemented within six months.The main advantages of biometrics over a standard system are:
biometric traits cannot be lost or forgotten (while passwords can)
biometric traits are difficult to copy, share and distribute (passwords can be announced in crackers' websites)
they require the person being authenticated to be present at the time and point of authentication
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