Digital Asset Management

Say goodbye to PINs and photo IDs. Say hello to digital fingerprints and iris scans—and to new opportunities for security businesses By Ellen Gibson

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In baby steps and giant leaps, the world is moving further into digital identification and biometrics. The new technology raises concerns about privacy, of course, as well as opportunities for security companies.

The latest to join the migration: Switzerland. On May 17, Swiss voters narrowly approved a government plan to switch over to electronic passports, tied to a national fingerprint registry. The new passport will contain a microchip that stores personal data, a digital photo, and two fingerprints. At border crossings or airport checkpoints, travelers would have their fingerprints scanned and digital photos taken to make sure they match info in their e-passports.

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