Biometric Data Security Under Scrutiny After Coinbase Suit
- A class-action lawsuit has been filed against cryptocurrency exchange Coinbase.
- The lawsuit raises concerns about biometric data collection and storage practices.
- Nanak Nihal Khalsa highlights risks of using immutable biometric identifiers.
- Biometric identifiers cannot be reset once compromised, posing permanent risks.
- There is a patchwork of state-level privacy regulations addressing these issues.
A recent lawsuit against Coinbase underscores the potential dangers of relying on immutable biometric identifiers, as highlighted by Nanak Nihal Khalsa. This case also points to inconsistencies in state-level privacy regulations concerning biometric data security.
Source (2.6)https://news.bitcoin.com/biometric-data-security-under-scrutiny-after-coinbase-suit-expert-urges-modular-privacy/?rand=52384