A $1 million camera, capable of detecting a user’s movements without being detected, could be a big help in combating cybercrime.
A $1m camera, the world’s first to work in conjunction with facial recognition technology, could help in battling cybercrime and fraud.
The technology has already been trialled in a range of countries, including in India and the US.
The camera was developed by researchers from the University of Waterloo and is the brainchild of a team led by Professor Matthew Smith from the Faculty of Engineering at the University.
The device, developed by the University, was first trialled at a conference in London in January and is now being tested in Australia.
“There are about 4,000 Australian businesses and 1,000 companies globally that have a problem with cybercrime, so it’s important for us to get it to them as quickly as possible,” Professor Smith said.
“It’s a big problem.”
We’ve had a number of cases of businesses losing money because of the fraud, but there’s also a number that have gone into the bank and lost money.
“Professor Smith said he had received feedback from businesses in Australia that their businesses were more vulnerable to cyberattacks than they were before.
The researchers say that the camera could be used to help companies better detect fraudsters or detect illegal activity before it becomes a problem.
Professor Smith and his team are also working with a number research universities around the world to find ways to make the technology more widespread and useful.”
If it was really about detection and prevention, then it would be the first device I’d ever been involved in,” Professor Joseph Schleif, an assistant professor in electrical engineering at the School of Engineering and Applied Sciences at the UWA, said.”
I’ve worked with a lot of other labs around the globe to try to understand what’s going on and then build it into the industry.
“Professor Schleiff said he believed the new device could be rolled out in the coming years.”
The idea is really that it’s a really smart camera,” he said.
Topics:cyber-crime,technology,internet-technology,research,business-economics-and-finance,internet,internet security,internet society,digital-technology