Facebook might be fined billions after losing facial recognition lawsuit

Facial recognition techniques are useful for strengthening security systems, building personalized products, tracking employee performance, and more.

However, similar to other artificial intelligence services, implementing facial recognition technology involves challenges arising from racial differences, image manipulation, etc.Learn more: Applications of Facial Recognition Technology

As social media platforms like Facebook and Twitter broadcasted footage of New Zealand’s Christchurch massacre, Prime Minister Scott Morrison is said to declare penalties for online giants who breach privacy laws.

This will help to safeguard personal information.

And with this maximum penalty issued by Australian regulator will be boosted to either $10 million, or 10 percent of annual domestic turnover.

Plus, social media and online companies will also be called upon to stop using or releasing individual’s data upon request and face stronger rules on safeguarding information on children and vulnerable groups.

Based on companies’ 2017 earnings, Google will have to pay a penalty of as high as $102 million and Facebook to face $47 million.

This may increase if both Google and Facebook fail to stop spreading of hate speech, fake news and other types of harmful content.

This report studies the global Facial Recognition System market status and forecast, categorizes the global Facial Recognition System market size (value & volume) by manufacturers, type, application, and region.

This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.

The major manufacturers covered in this report • NEC Corporation • 3M Cogent • Synel • Cognitec • Allevate • Animetrics • HK Systems • Advanced Biometrics Download Free Sample Report @ https://www.radiantinsights.com/research/global-facial-recognition-system-market-research-report-2019/request-sample Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering • North America • Europe • China • Japan • Southeast Asia • India We can also provide the customized separate regional or country-level reports, for the following regions: • North America • United States • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Indonesia • Singapore • Rest of Asia-Pacific • Europe • Germany • France • UK • Italy • Spain • Russia • Rest of Europe • Central & South America • Brazil • Argentina • Rest of South America • Middle East & Africa • Saudi Arabia • Turkey • Rest of Middle East & Africa On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Type I • Type II On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including • Personal • Commercial • Military • Other The study objectives of this report are: • To analyze and study the global Facial Recognition System capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025); • Focuses on the key Facial Recognition System manufacturers, to study the capacity, production, value, market share and development plans in future.

• To define, describe and forecast the market by type, application and region.

• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market • To strategically profile the key players and comprehensively analyze their growth strategies.

With the evolution in technology, the world of security is also increasingly developing.

Among various technologies, Face recognition has shown excellent potential in revolutionizing the tech world.

It uses the digital imaging of a user’s physical appearance, which further triggers a pre-determined response.

India Pvt Ltd’s face recognition technology has become a mainstream element across many industry verticals from authentication, security to marketing.One of the major benefits associated with biometric face recognition technology is that it can help improve the workplace's security.

The face recognition technology of NEC Corporation India leaves no room for complaints.

It acts as the first line of defense for businesses as it helps discover the user's identity through facial recognition.