Brett Beranek currently serves as Vice President and General Manager of Nuance Communication's Security line of business. A CX and biometrics expert, Beranek is fascinated by transformative technologies that have a real impact on our lives. With over 15 years of experience in the customer experience and biometrics space, he brings strategic and tactical insights to organizations wishing to deliver a better experience to their customers via innovative security technologies. Prior to joining Nuance, Beranek was a technologist and entrepreneur by education and passion, successfully introduced several disruptive technologies to the health-care, IT and security markets, including as a partner of facial recognition firm Viion Systems and member of Genetec's management team, a security firm that transformed the video surveillance market. He also currently serves on the advisory board of high-tech healthcare startup GaitTronics..
This latest warning from Which? about password security should come as no surprise. PINs and passwords are an archaic tool, no longer fit for purpose. Passwords are being sold on the dark web, exploited for fraudulent activity and have even cost unfortunate individuals vast sums of money in terms of forgotten passwords to safeguard cryptocurrencies.
With fraud on the rise, it has never been more important for banking leaders to ensure that their customers are provided with a more sophisticated and secure experience. Biometrics authenticates individuals immediately based on their unique characteristics – taking away the need to remember PINs, passwords and other knowledge-based credentials prone to being exploited by fraudsters and providing peace of mind, as well as security, for end-users.14 October 2022