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Legal Digital Electronic Signature Software, My concern with Digital Signature technology is that it relies primarily on one security-protection mechanism, encryption. If the user's key is compromised, she is at risk of unlimited liability.

Legal Digital Electronic Signature Software, Contrast this with a credit card number, such as Master Card. The number is transmitted in plain text. Copies of valid numbers are available in garbage cans, on the street, in every cash register, etc. There is nothing like encryption in this system, but there is a great deal of risk of loss limitation in the Master Card system. Shortly, I'll list some techniques that member banks use to limit their losses from fraud. Each of these techniques could be used with a digital signature, and I'll note that Legal Digital Electronic Signature Software application below.
 

Legal Digital Electronic Signature Software, I don't recommend that all of these techniques be applied to every digital signature.

Legal Digital Electronic Signature Software, What I do recommend is that a person who creates her own key pair or who lawfully gets a pair from a third party, should be able to specify whether or not these techniques will be used with her key. This gives a key owner the opportunity to manage her own level of security and to limit her losses to an amount that she can tolerate - Legal Digital Electronic Signature Software. Given this opportunity to manage risk, especially if there is no money cost for adding security, a reasonable customer is more likely to feel fairly treated if she loses money from fraud, because she was able to control the amount of money that she was putting at risk. This provides a much stronger argument for the fairness of allocating risk onto the customer and thereby reducing risk to the seller and the C.A, Legal Digital Electronic Signature Software.
 
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Page last updated on Monday, November 28, 2005
 

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