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As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico

April 9th, 2018
Categories: Past News

Link: https://www.blacklistednews.com/article/65073/as-banks-embrace-biometric-tracking-of-customers-cybertheft-explodes-in.html

Mexico has become a haven for the black market of stolen personal data' part of the problem is the widespread impunity cyber criminals enjoy in the country, owing to the absence of adequate legal tools and the lack of enforcement of the existing laws. This year, banks in Mexico are required to begin collecting biometric data (finger prints and iris scans) on all of their customers. Whenever a customer asks for a new home or car loan, cashes a paycheck, applies for a credit card, or opens a new savings account.

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