If I had the iphone 5s, I would probably not use this feature, it's still very new and I would be concerned about how reliable it was.
Original message:
Hi all,

Here's an interesting article I just bumped into in regards to the new
IOS7's Touch ID. The article concerns what touch id can and cannot deliver.
See below for link to article URL:

"Can Touch ID be hacked?
 Yes, fingerprint sensors have been around for at least two decades and have
been hacked before. So, while Touch ID hasn't been hacked yet, that probably
owes more to the device not being publicly available yet than anything else.
As the iPhone 5S proliferates, expect creative and disturbing methods of
hacking the fingerprint sensor to arise. Hopefully, would-be thieves won't
start carrying cigar cutters around.

Does Touch ID use two-factor authentication?
 No. Touch ID is not considered two-factor authentication because there is
no second authorization technique that's required to use it. It's possible
that Apple could expand the feature in the future to include stronger
security, but one of the appeals of Touch ID, like the Windows 8 picture
login, is that it requires the security input only once.

There are still many questions that remain about Touch ID's implementation,
including how people will use it and how developers will incorporate it. A
big unknown for Apple's bottom line is whether businesses will consider this
"safer" for the "bring your own device" movement, and demand that their
employees have it. And it's not going to eliminate passwords -- at least,
not on its own.

Apple is not the first major smartphone maker to incorporate a biometric
sensor into a device. Motorola did it with the Atrix but it bombed."

 What we know about Apple's Touch ID (FAQ) | Apple - CNET News
http://news.cnet.com/8301-13579_3-57602318-37/what-we-know-about-apples-touch-id-faq/

Joseph

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