Business News • MarketWire • SmartMetric Says Figures Show Data Breaches Continue Putting Consumers at Risk of Identity Theft -- First Six Months of 2014 Show So Far a Year Over Year Increase of 25% in Data Breaches -- A Better Solution for Fighting Credit Card Fraud Is Needed Because of the Continued Escalation in Data Breaches

SmartMetric Says Figures Show Data Breaches Continue Putting Consumers at Risk of Identity Theft -- First Six Months of 2014 Show So Far a Year Over Year Increase of 25% in Data Breaches -- A Better Solution for Fighting Credit Card Fraud Is Needed Because of the Continued Escalation in Data Breaches

SmartMetric Says Figures Show Data Breaches Continue Putting Consumers at Risk of Identity Theft -- First Six Months of 2014 Show So Far a Year Over Year Increase of 25% in Data Breaches -- A Better Solution for Fighting Credit Card Fraud Is Needed Because of the Continued Escalation in Data Breaches

NEW YORK, NY--(Marketwired - Jul 15, 2014) - SmartMetric, Inc. (OTCQB: SMME): SmartMetric, the maker of biometric activated credit and debit cards, says the current credit card as a secure payments instrument is seriously broken and a better and more secure card technology is urgently needed in order to protect consumers and financial institutions alike, said the President & CEO, Chaya Hendrick. She further said even the new EMV cards being introduced into the United States won't solve card fraud altogether, although EMV chip cards will have an impact on card fraud. The best solution against credit card fraud is tying the user's biometrics to the card in a way that makes the card useless without a biometric authentication, Chaya Hendrick said.

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