JPMorgan makes biometric entry mandatory for new NYC headquarters

JPMorgan Chase, America’s largest bank $3.46 trillion Among assets, employees are now required to share biometric data if they want to gain access to the investment bank’s newly renovated New York City headquarters.

according to The Financial TimesJPMorgan has emailed employees already working in the new Manhattan building informing them that biometric access is “required” rather than voluntary. Biometric authentication means employees have to scan their fingerprints or eyes at the security checkpoint in the lobby instead of swiping their ID badge.

Some JPMorgan employees are already working on the new “supertall” tower located at 270 Park Avenue in New York. since AugustWhen construction was completed. The 60-story, 2.5 million square foot building reportedly cost $3 billion for construction and is expected to act as its main headquarters Up to 14,000 JPMorgan employees By the end of the year. As of January, JPMorgan was employed over 24,000 employees in New York City.

Connected: JPMorgan’s new ‘supertall’ office offers amenities like high-end restaurants and high-tech gyms. Here’s what else to expect.

JPMorgan isn’t the first company that plans to use biometric data as an entry point. In August, Midtown apparel company Isaac Morris was the target of replace the Its ID badge entry system with facial recognition, but it was quickly withdrawn after employees expressed privacy concerns.

However, biometric data is considered Sensitive Personally identifiable information that could result in harm if compromised or disclosed without authorization in a cyberattack. JPMorgan revealed in January 2024 that it faces 45 billion hacking attempts per day, causing the bank to deploy adequate technical workforce to counter the threat.

By March, the number of the bank’s technical workforce reduced 63,000 employeesAbout 21% of its global total.

Biometric registration is still optional For employees who are working in other JPMorgan offices, such as London. JPMorgan has implemented voluntary hand biometrics at its Bank Street office in London, encrypting an employee’s handprint to allow entry into the building. The Financial Times.

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Earlier this year, JPMorgan paused hybrid work and told all of its 300,000 global employees it was time to get back to the office full-time, five days a week, starting in March.

Return to office faced some internal opposition, even more 1,900 employees Signed a petition calling on the Bank to stick to a hybrid agenda.

to be continued

JPMorgan Chase, America’s largest bank $3.46 trillion Among assets, employees are now required to share biometric data if they want to gain access to the investment bank’s newly renovated New York City headquarters.

according to The Financial TimesJPMorgan has emailed employees already working in the new Manhattan building informing them that biometric access is “required” rather than voluntary. Biometric authentication means employees have to scan their fingerprints or eyes at the security checkpoint in the lobby instead of swiping their ID badge.

Some JPMorgan employees are already working on the new “supertall” tower located at 270 Park Avenue in New York. since AugustWhen construction was completed. The 60-story, 2.5 million square foot building reportedly cost $3 billion for construction and is expected to act as its main headquarters Up to 14,000 JPMorgan employees By the end of the year. As of January, JPMorgan was employed over 24,000 employees in New York City.