New York, Jan. 26, 2015 – SmartMetric, Inc. (OTCQB: SMME) — Latest security research by independent security experts in both the United Kingdom and Germany have revealed that the old smart technology that is at the heart of the EMV chip cards is vulnerable to attack. According to the President & CEO of SmartMetric, Inc., the vulnerability of EMV cards is due to old technology being deployed that is not just 10 steps behind today’s fraudsters but 100 steps behind. Chaya Hendrick went on to say that data security systems that still rely on one factor authentication such as a password or even a software token are hopelessly vulnerable to attack by today’s sophisticated data attackers. Adding biometrics to card payments is a solution that offers a greater defence and brings two factor verification to the world of payment cards.

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