Credit Card Fingerprint Scanner Dennis Seran CS 410 / Spring 2004 Introduction • Identity theft has become one of the most common forms of criminal activity • Credit card fraud is the main form of identity theft Introduction • Identity theft is on the rise and shows no signs of slowing down Identity Theft Incidents 214,905 161,819 86,168 31,103 2000 2001 2002 2003 Introduction • Cost businesses and financial institutions a total of $48 billion in 2002 • Cost consumers another $5 billion in 2002 Current Problem • Credit card numbers are easily obtained from transactions • Actual credit card is not needed for transactions, just the number • Human factor – we lose things!! Fingerprint Scanner How it Works Capture Extraction • Preprocessing • Detect minutia System search for similarities (matching process) Acceptable score Advantages • Time to develop – 12 to 18 months • Provides greater security – now two requirements are needed • Fast and easy to use • Inexpensive, price ranges from $50 - $200 Concerns • Now my fingerprints are accessible to criminals • Modification of software and hardware Conclusion • Identity theft is a problem that has no preferences and can attack any of us at any time • A growing need and thus demand for a solution • Greater security leads to a more peace of mind References • http://www.consumer.gov/idtheft/index.html • http://www.nist.gov/public_affairs/factsheet/biometrics.htm • http://www.infosecnews.com/opinion/2003/07/02_03.htm • http://biometrics.cse.msu.edu/fingerprint.html