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Eye Scanner Could Make Passwords Obsolete

If one of your New Year’s resolutions is to secure your identity and digital footprint, there’s one company to keep your “eye” on this year.

As simple as looking into a mirror, Eyelock’s Myris technology controls access to your computer and secured websites. If you’re willing to shell out $300, you could soon be free of usernames and passwords.

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The Myris device, which is the size of a computer mouse, was presented at this month's Consumer Electronics Show in Las Vegas.

Myris will work with Windows 7 and 8, Mac OS and Chrome OS when it becomes available later this year. You'll plug it into a USB port and use its application to authenticate your identity through the irises of your eyes. The company offers a video that demonstrates how it works.

Since no two irises are alike, the company says the chances of a false match are less than 1 in 1.5 million -- or 1 in 2 trillion when it checks both of your eyes.  With fingerprint recognition being used in devices like the iPhone 5S, the company says the chances of a false positive are 1 in 10,000.

"EyeLock is the first company to employ a unique iris authentication process that leverages video based dual-eye authentication," said Eyelock Chief Marketing Officer Tony Antolino. "This process identifies more than 240 points of unique characteristics in each human iris."

Myris will be available in the first half of this year for less than $300, Antonlino said.

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