"Smartphones let us bring our photos, email and social media everywhere we go. Many of us use smartphones for mobile banking, shopping and storing important, private information. In spite of that wealth of stored data, Apple reports that half of all iPhone users ignore the passcode lock feature. Many users say it's just too cumbersome to tap in a passcode every time they need their phones. But that leaves information vulnerable if their phones are lost or stolen.
So Apple's iPhone 5S includes fingerprint-scanning technology called Touch ID to unlock the phone and make iTunes purchases. Some are calling it a key development: a more secure way to authenticate mobile transactions and protect your data. Others are concerned about privacy, worried that users' fingerprints will be kept on record at Apple or made available to third-party software developers." Continue Reading