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Why Use PKI-based Digital Signatures?

digital signatures
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Why Use PKI-based Digital Signatures?

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In today’s business and legal systems, paper-based signatures are the most common legal way to ensure the accountability of the signer. Despite the fact that signature forgery is prevalent, signatures are still the most popular (and legal) method used in business today. As more organizations and businesses migrate from paper to electronic transactions, better signer accountability is needed in the electronic world. Basic digital signatures were devised and have become legal in most parts of the world during the past couple of years. The US e-Sign Bill (which became active on Oct 1st, 2001) and the EU Directive 1999/93/EC for Digital Signatures allow for a basic digital signature: any form of digital data that is attached to the original electronic information. Under such a definition, for example, a picture of the signer pasted into a Word document is sufficient. This is the equivalent, in paper documents, to placing an “X” or stamp in the signature area. Obviously, the biggest weaknes

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