Biometric Update: Consumers Recognize Biometrics Security Tops Passwords, Experian Says

Consumers have finally lost faith in passwords, Experian says in the new version of its annual Global Identity & Fraud Report, with physical biometrics like facial recognition and fingerprints a preferred method of authentication. The survey comes just as the FIDO Alliance reports that social media account compromises have become so wide-spread that almost half of UK consumers have experienced them, or know someone who has.