Biometric Payment Trends in Southern Term Paper

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The Homeland Security main division is also located in California. Security, not only in terms of personal banking security but as well home security is an issue in Southern California as evidenced in a February 7, 2007 news report entitled: "Police: Billionaire Robbed by Man Posing as Delivery Person." The report relates a Southern California financier whose home was invaded by a deliveryman. The report states the fact that: "...there was no security of any type in place to stop the "phony deliveryman from forcing his way into the house and holding Rad, his wife and housekeeper bound with duct tape for hours before making off with a few hundred dollars in cash..." (KABC.TV Los Angeles News, 2007) the news report additionally states: "Investigators suspect the intruder specifically targeted Rady, a financier who was ranked No. 140 last year on Forbes magazine list of 400 richest Americans.

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" (Ibid)

Summary and Conclusion

Today's easy access of individual personal information both via the Internet and through other means have made security a new issue throughout the entire United States and particularly in the more affluent areas such as Southern California. Biometric authentication is the new technology, and certainly the newest technological applications and having use of them is a status symbol as well as being the best security that technology can offer, thus it is the opinion of this researcher that the biometric market in Southern California is prime for exploitation in all areas of business and commerce. The costs for implementation of this type of authentication system is relatively cheap with high rewards being claimed among businesses using biometrics technology......

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"Biometric Payment Trends In Southern" (2007, February 19) Retrieved June 4, 2026, from
https://www.aceyourpaper.com/essays/biometric-payment-trends-southern-39939

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"Biometric Payment Trends In Southern" 19 February 2007. Web.4 June. 2026. <
https://www.aceyourpaper.com/essays/biometric-payment-trends-southern-39939>

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"Biometric Payment Trends In Southern", 19 February 2007, Accessed.4 June. 2026,
https://www.aceyourpaper.com/essays/biometric-payment-trends-southern-39939
   

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