Qafis at Meet FintechDay 2016

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Qafis Finger Finger Vein Face Eye / Iris Palm / Vein Voice ID Card /Smart Card Biometric Technology as Security Copywrite: Qafis Holding | Confidential

Transcript of Qafis at Meet FintechDay 2016

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Qafis

Finger Finger Vein Face Eye / Iris Palm / Vein Voice ID Card /Smart Card

Biometric Technology as Security

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WelcomeMeet Fintech DayAmsterdamMay 26th, 2016

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Thanks to having us here on this Fintech Day, my name is Edwin Nicolaas and I am the CEO of Qafis Biometrics and Access Verification Solutions.2

Todays world - Security issues

Some vulnerabilities discovered after years of use.Hackers use third-party vendors for their attacks.

Attackers have been exploiting separate zero-day vulnerabilities in Internet Explorer and the Flash browser plug-in software.

Researcher Hacks Symantec's AV Via Email Just receiving an email is enough, no need to open or read it.Flaw is fixed.

http://www.databreachtoday.eu/researcher-hacks-symantecs-av-via-email-a-9109http://www.databreachtoday.eu/zero-day-attacks-pummel-ie-flash-a-9093http://www.databreachtoday.eu/swift-to-banks-get-your-security-act-together-a-9099$81 Million Bank HackSWIFT has issued its first-everinformation securityguidance to banks, telling them to get their act together.

Some of the banking industry's top executives are concerned that hackers will continue to attack the global financial system by breaking into smaller banks.http://money.cnn.com/2016/05/18/technology/hackers-smaller-banks/index.htmlCopywrite: Qafis Holding | Confidential

When identity thieves have access to biometrics and cyber security experts announce that obtaining biometric data isthe worst aspect of theft, then we need to reconsider our security protocols.

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Mobile Security Issues

Learn the New Threat Vectors Putting Your Mobile Banking Customers at RiskA security researcher could have stolen as much as$25 Billionfrom one of the India's biggest banks Thanks to the bank's vulnerable mobile application.

http://thehackernews.com/2016/05/indian-bank-hacking.htmlhttp://www.databreachtoday.eu/webinars/learn-new-threat-vectors-putting-your-mobile-banking-customers-at-risk-w-777

A Samsung Galaxy S6 and a Huawei Honor 7 were unlocked successfully using a fingerprint printed using a standard inkjet printer loaded with special ink.https://www.linkedin.com/pulse/samsung-huawei-fingerprint-scanners-can-fooled-using-inkjet-mirza

Hack of four big Australian banks through apps. Stealing two-factor SMS codes, forwarding the code to hackers while hiding it from the owner of the phone. Thieves can bypass a bank's security measures to log into the victims' online banking account from anywhere in the world and transfer fundshttp://www.access-vs.com/#!blog/u0f37/category/Mobile hacksCopywrite: Qafis Holding | Confidential

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Most hacks take minutes to do and weeks to discoverMost companies sit on cybersecurity breaches for weeks before they're discovered, while they take hackers only minutes to perpetrate.

In 93 percent of cases where data was stolen, systems were compromised in minutes or less, according to a Data Breach Investigations Report. But in over 80 percent of cases, victims didn't find the breach for weeks or more.

Criminals are getting better, faster and nobody on the defensive is getting better fast enough.

There's no such thing as an 100% secure system.Qafis has always been focusing on how to improve the quality of security withbiometricsolution implementation,upgrade your security with biometric technology,its the future of computerized identification.

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they'll move on and look for an easier target5

MFA and Biometric SolutionThe goal of MFA is to create a layered defense and make it more difficult for an unauthorized person to access a target such as a physical location, computing device, network or database. If one factor is compromised or broken, the attacker still has at least one more barrier to breach before successfully breaking into the target.

Qafis canauthenticatean identity in three ways:

by something the user knows (such as a password or personal identification number), something the user has (a smart card, ID or passport) or something the user is (a physical characteristic, such as a: fingerprint, face,iris palm, voice, called biometrics)Biometric system on Card, it makes the difference

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Advantage of a Biometric SmartcardBiometric system on Card, it makes the difference.The Biometric Smartcard combined an Identity in three ways, something the user:knows, has,is.

Banking and Finance Identity Card Healthcare Card Company Access CardWhen data is stored(encrypted or not) on the device, likeaPassport, ID card, smart cards with or without biometric device, phones ortablets, hackers havethe possibility to re-create, or replace the biometric data.Qafis R&D team says this about biometrics: "ifyoucan make it you can break it, maybe not today, but you can't predict the future. Ourgoal is to limit the information the hackerscan obtain.Copywrite: Qafis Holding | Confidential

When identity thieves have access to biometric data and cyber security experts announce that obtaining biometric data isthe worst aspect of theft, then we need to reconsider our security protocols.

Combined Stored dataCopywrite: Qafis Holding | Confidential

When identity thieves have access to biometrics and cyber security experts announce that obtaining biometric data isthe worst aspect of theft, then we need to reconsider our security protocols.

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Qafis Secured Solution

Keep it safe with separatestored Biometrics! Customers Credentials Biometric Database

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Local stored Biometric credentials together with your data.If you can make it you can break it.

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Biometric System. Qafis creates a extra layered defense using biometric technology in a separate stored database.

Why a separate Biometric database?

Qafis created a Biometric system that secures in a multifactor way the assets from provider and customers, this is why we use our own security protocols and dont rely on the security protocols providers already use. (penetration testing show flaws in their or a third-party vendors security, improper configurations, or risky end-user behavior)

Human failure, lack of attention. (A recent report of the Dutch minister of interior show that one of ten Dutch biometric passports has a fingerprint stored upside down.)

Various registration systems in different countries in the world. (also well known as the Bulgarian Fraud in The Netherlands)

Qafis avoids our multi-biometrical identity to be linked back to our data credentials.

Multi-biometrical identity are not only more secure, but they're more accurate.

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Advantage - Separated Biometric SystemUnavoidablemisuse and abuse of datainformation is the reason that we separate the biometrics from the data credentials.

Advantage of the Biometric Secure Socket Layer solution:

Biometric authentication used in a multifactor authentication based on encryption,

Behind a providers certificate,

Confirmed on a separated database, Qafis set up a Biometric solution with a separated biometric server and do not store the data of the providers customers.

Secure VPN connection between Provider and the Biometric server.

Qafis OMNI Biometric platform provides flexibility, use all biometric technology, never get locked into a single form of biometrics or a single biometric reader.

When using a separate Biometric system, hackers needs to hack into 2 systems to obtain all data.

Qafis creates a unique encrypted HASH that, by themselves, have no value and is useless for hackers.

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Encrypted stored & anonymized Data

All BiometricsAll DevicesOperational on all web browsersOperational on all OSAll Smart Cards

Business Model

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3D Face Generator instead of a Selfie

All Devices

Operational on all web browsers

Operational on all OSCopywrite: Qafis Holding | Confidential

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Our Team Vision and MissionQafis Biometric Secure Socket Layer (BSSL) is a system that relies on the unique biological characteristics of individuals to verify and authenticate identity for payments and secure access online and offline.

Qafis Biometrics: convenient and highly secure biometric products and services for all methods of payment and identity protection for various businesses, at an affordable price.

Finger Finger Vein Face Eye / Iris Palm / Vein Voice ID Card /Smart CardBiometrics are for life, you cannot change your biometrics like a password.

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Pincodes and Tokens - Every site has his own requirements for passwords, capital letters numbers minimum 6 or 8 digits, its not easy to remember for the customer.Immigration registration Different countries use different ways to register people.

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Verifying Identity through Biometrics

Verify and protecting your identityProtecting identity theftSpeed up security linesPreventing financial fraudIntern / externPreventing duplicated records & improve dataUse less passwords,Age verification,KYC Solutions Governments Travel & ImmigrationBank & FinanceMore MarketsHealthcare

Biometric solutions for payment and secure access.Copywrite: Qafis Holding | Confidential

Clients

More Markets

Travel & ImmigrationBank & FinanceHealthcareGovernments

Physical Access ControlLogical Access ControlNational identificationBanking - Financial applicationsWeb applicationsNew markets Governments in different countries - Database protection / Biometric database

Negotiations with a Airport in Europe - access control for employees

Negotiations with Banking and Financial markets - Pilot project Q3 2016

Negotiations with Healthcare industry - Pilot project Q3 2016

Crowdfunding Site - Running Pilot project from 2015

Know your customers solution market negotiations Physical Facility Solutions for several clients IOT - Internet of things

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Biometric security is on a sharp growth curve, according to a number of recent research reports. Market size

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The TeamOur dedicate team has years of experience in Biometric solutions CFO 6+ years international experience in business and financeCOO 8+ years international business, specialist in Biometric technologyCTO 9+ years of experience in software Architecture & Facial RecognitionIT specialist, our team of 8 IT specialist has a total of over 50 years of Software technology development in different businesses, from banking and finance, healthcare, KYC to IOTE. Nicolaas, CEO and Founder of Qafis Biometric TechnologyMr. Nicolaas is responsible for setting the overall direction and product strategy for the company.He has 20 years experience on board of directors of several private companies before he started Qafis.

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Why Qafis

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Why QafisWhether you would like to use biometrics to improve your customers relationship, or to secure daily operations for accessing services, Qafis can provide the technology where security, reliability, accuracy and speed are the solution to built up a trusted environment thanks to biometrics.

Using Biometrics to safeguard identities, multifactor authentication.Safeguarding against criminal and terrorist attacks.The data on the Qafis BSSL server is anonymized and useless for hackers.No privacy concerns by never storing a persons biometric featureMulti factor Biometric Platform: 1 integration, 1 platform, all Biometrics.

In a world of biometric security, you are the password.

Finger Finger Vein Face Eye / Iris Palm / Vein Voice ID Card /Smart CardCopywrite: Qafis Holding | Confidential

Pincodes and Tokens - Every site has his own requirements for passwords, capital letters numbers minimum 6 or 8 digits, its not easy to remember for the customer.Immigration registration Different countries use different ways to register people.

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Contact

Qafis Holding Limited

Visiting Address: The Netherlands:Utrecht Central Station3531 AH UtrechtThe NetherlandsTel| +31 303 200 001

http://www.qafis.comCopywrite: Qafis Holding | Confidential

Are you secure?Copywrite: Qafis Holding | Confidential

Copywrite: Qafis Holding | Confidential Thank youLet Qafishelp you to choose the best Biometric solution for your organization.