The reaction may have been strongest in the offices of a software company in
It's hard to get much bigger than an
"Clearly, we see it as a catalyst for us," CEO
The company's biomÉtrie technology has honed a niche with businesses and large-scale clients, including hospitals, retailers, electronic software companies and governments. But DePasquale has a hunch that
"I think we all know that we're overwhelmed by passwords," DePasquale said. "Clearly, they are failing us. We have too many. Not only do we have too many, but we can't remember to differentiate them.
"Six or seven years ago, you may have had 10 passwords to access different accounts," he said. "Today, you're likely to have 30-plus, with social media, with banking, with business and enterprise access."
Passwords, DePasquale admitted, can be secure. The just need to contain eight to 16 characters. And have a mix of upperand lower-case letters. And also contain numbers. And be changed frequently, while somehow being memorable. And...
"It's just so inconvenient," DePasquale said.
That means "tens of millions, if not hundreds of millions, of devices that have finger-scanning capability that can now be used to access all kinds of information from our customers," DePasquale said.
Here's one example:
DePasquale also sees the rise of mobile banking and wallets, and corresponding reliance on cloud technology, as a growth opportunity for
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