The tiny company's shares continued to trade heavily after setting three straight one-day records for Nasdaq volume. Comparator, which uses computers to keep track of fingerprints, announced plans Monday to unveil some new identity verification systems. The stock rose 267 percent on Monday and as much as 78 percent more on Tuesday before plunging. The new systems could be used for passports, drivers licenses, credit cards and ATMs.>>
Other technologies recently featured in on-line news include infrared digital imaging of facial heat patterns (unique as fingerprints) and sophisticated highly accurate digitization of voiceprints, which when combined with ultra-highspeed new computing arrays, could allow identification of individuls by speech patterns alone.
Large banks such as Chemical Bank are trying to promote voiceprint recording for ATM cash machine identification. NYNEX and hundreds of other local phone companies are encouraging voiceprint linkage for speed-dialing of numbers. Besides enabling the potential identification of phone conversants these links also create profiles of connections between individuals.
It is foolish for individuals to participate in such programs, thereby making unique personal identification data available to anyone gaining access to the databases. It is worth noting that digitial voiceprints can be copied like any other files. The possibility for fraudulent transactions, creation of fraudulent evidence, even the fabrication of a complete personal history, becomes huge.