Ensuring Security in Electronic Signature Solutions: The Measures in Place
The digital revolution has transformed the way we conduct business, communicate and exchange information. The use of electronic signature solutions has become an essential part of the digital transformation process for many organisations therefore ensuring security in electronic signature solutions is crucial.
With the adoption of electronic signatures, businesses can automate processes, reduce costs, increase efficiency and improve customer experience. However, the security of electronic signature solutions remains a major concern for businesses and consumers alike.
The Security Measures for Ensuring Security in Electronic Signature Solutions
Electronic signature solutions have come a long way in recent years, and today’s solutions are highly secure and reliable. The security measures in place for electronic signature solutions are designed to ensure the authenticity, integrity and confidentiality of signed documents.
Encryption
One of the key security features of electronic signature solutions is encryption.
Encryption is the process of converting data into a coded form that can only be deciphered by authorized parties.
Electronic signature solutions use strong encryption algorithms to protect the data and ensure that only authorised parties can access it.
In addition to encryption, electronic signature solutions use multi-factor authentication to verify the identity of signers.
Multi-factor authentication
Multi-factor authentication requires the use of two or more factors, such as a password and a security token, to access the system.
This helps to prevent unauthorised access and ensures that only authorised parties can sign documents.
Access control
Access control is another important security measure in electronic signature solutions.
Access control enables administrators to control who has access to the system and what they can do within the system. Access control can be used to restrict access to sensitive documents, limit the actions that can be performed on documents, and monitor user activity.
Our Solution Partner: Namirial
Namirial is a leading provider of electronic signature solutions that offers a range of security features to ensure the authenticity and integrity of signed documents.
Namirial applies various certificates of the Digital Certificate solution and adds transactional signature workflow capabilities based on the In-Person Signing solution and extends its capabilities for Remote Signing by using:
- Simple (SES)
- Advanced (AES)
- Qualified Electronic Signature (QES).
Namirial is a Qualified Trust Service Provider (QTSP) according to the regulation on electronic identification and trust service for electronic transactions in the European market (eIDAS Regulation).
This means that Namirial meets the highest standards for trust and security in electronic transactions.
Digital Certificates with Qualified Electronic Signature
Namirial also issues Digital Certificates that enable the creation of Qualified Electronic Signatures (QES) to assure a higher trust level than for Advanced Electronic Signatures (AES).
Qualified Electronic Signatures are equivalent to handwritten signatures and are legally binding in the European Union.
The Electronic Signature solution from Namirial supports both in-person and remote signature scenarios and adapts to any company size, architecture or use case model.
Customers can start with a cloud service, upgrade to a private cloud instance, or host it themselves on-premises.
Senders of verification and signature requests enjoy easy workflow orchestration. Customers, business partners and employees can sign documents in a legally binding manner anytime and anywhere on any device.
Tamper-evident seals
In addition to encryption, multi-factor authentication and access control, Namirial’s Electronic Signature solution also includes audit trails and tamper-evident seals.
Audit trails provide a record of all actions taken within the system, including who accessed the system, what documents were signed, and when they were signed. Tamper-evident seals ensure that any attempt to alter a signed document will be detected.
Namirial’s Electronic Signature solution also includes compliance features to help businesses meet regulatory requirements.
The solution supports compliance with:
- the General Data Protection Regulation (GDPR)
- the Electronic Identification and Trust Services Regulation (eIDAS)
- other relevant regulations.
In conclusion, the security measures in place for electronic signature solutions are designed to ensure the authenticity, integrity, and confidentiality of signed documents.
Encryption, multi-factor authentication, access control, audit trails, tamper-evident seals, and compliance features are all essential components of a secure electronic signature solution.