Identity Deduplication: Biometric identification has become very common. According to a source, the biometric authentication and identification market is expected to reach $100 billion by 2027. The growth is due to the rising need for secure and convenient technology. The demand for biometric technology accelerated during the pandemic.
During this phase, multiple biometric identities were created—some by mistake and others by criminals to manipulate account access and drain people of their hard-earned money. The ramifications of the duplicate identities were not limited to financial losses but also created fraudulent records of people who remained unaware until it was too late. Therefore, the need for biometric ID deduplication arose.
How Does ID Deduplication Work?
An individual creates a digital biometric identity by linking an identity proof with a biometric such as a face, fingerprint, palm, voice, eye, etc. The digital biometric identity is stored on a secure platform or the cloud. If the system detects duplicate entries, the deduplication system removes them, creating a single database set.
The process of biometric deduplication lowers the storage space of biometric systems that are used for storing or securing identities, which then allows matching the biometric and complete associated actions.
Simultaneously, it even helps to enhance the data with the latest details of the person. So, if the old photo identity proof linked to the biometric identity had the name “Rahul S” and an individual tries to create a new one with “R Singh,” it would most likely update the word and keep a single record. Such a digital bookkeeping process helps ensure that identity is not misused or manipulated by others.
Identity Deduplication is a Critical Feature for All Organizations
Biometric identity deduplication has become essential for many reasons, such as:
Makes Organizations Compliant
Governments have developed guidelines that ensure the safety and security of individuals’ digital data and identity. Organizations must adhere to such regulations to avoid hefty fines. Data breaches sometimes cost companies millions of dollars in penalties because they fail to protect their platform.
Overall, enterprises incur financial loss, bad reputation, and loss of trust in the mark. So, online users choose alternatives, and the organization’s profit decreases significantly. The implementation of biometric identity makes enterprises more secure. The additional deduplication layer makes the digital IDs even more secure and compliant with government norms.
Reduces the Chance of Identity Fraud
According to a source, 27,922 instances of identity theft were reported in the United States and ranked under the most commonly found cyber crime categories. Organizations that use passwords to protect their accounts are still vulnerable to hacking and identity misuse.
The risk of ID fraud and associated financial losses significantly decrease by incorporating biometrics supported with a deduplication system. It also helps to flag instances of multiple identities linked to an individual. Border crossings also become more secure with single unique IDs and safeguard people from becoming victims of crime.
Assures Accuracy & Authenticity
Last year, 27.2 million people became victims of identity theft in India, followed by 13.5 million in the United States and 3 million in Japan. The stolen identities are commonly used for creating fake digital identities, money laundering, border crossing, etc. Moreover, individuals who become identity theft victims have to report and freeze their online accounts.
According to a source, 33% of individuals across the globe that have experienced identity theft had to freeze their credit card accounts. Biometrics IDs with deduplication eliminate the risk of ID theft and brings more accuracy as well as authenticity to the digital identity of the individual. Its application is helpful in law enforcement, travel, migration, healthcare, commercial applications, and other spheres.
Biometric ID deduplication removes the risk of creating multiple IDs and safeguards individuals from becoming victims of ID theft and financial loss. It even makes organizations more compliant with government regulations and less vulnerable to hacking. Moreover, enterprises using biometrics can ensure that the correct user uses the identity without fail and reduce the risk of trespassing perimeters.
A reliable biometric identity deduplicating system offers the advantage of 1:N matching, which happens in minimal time, offering enhanced security and user experience. Biocube’s biometric technology incorporates deduplication, passive liveness detection, AES 256 encryption, and other advantages that enhance user convenience and organizational security.