Thursday, July 8, 2010

Digital Signature - An Introduction

Digital signatures (standard electronic signatures) take the concept of traditional paper-based signing and turn it into an electronic "fingerprint.” This "fingerprint,” or coded message, is unique to both the document and the signer and binds both of them together. The digital signature ensures the authenticity of the signer. Any changes made to the document after it is signed invalidate the signature, thereby protecting against signature forgery and information tampering. Digital signatures help organizations sustain signer authenticity, accountability, data integrity and non-repudiation of electronic documents and forms.

Digital Signature for Word Document

Why Digital Signature

It is estimated that 30 billion paper documents are copied or printed by US companies annually. When factoring copying, scanning, archiving, routing, and retrieving lost documents, the associated costs of each signature are estimated at $6.50 each. The average authorized employee signs 500 documents a year at a total cost of $3,250. Organizations are implementing standard digital signatures to:

* Cut operational costs
* Automate and expedite business processes
* Address legal compliance and limit liability
* Go green

1 comment:

  1. Agreed. Digital Signature has taken the place of paper based signing and turned into an electronic "fingerprint". It maximizes the security and become more compatible to send data from one place to another place.
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