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Digital Signature Software
Digital signature software speeds up the document signing process enhances efficiency and data integrity. It also helps reduce costs associated with shipping traveling and printing while ensuring regulatory compliance requirements. It is also able to replace handwritten signatures that are traditionally used.
When someone signs a document using an electronic signature (e-sig) or digital signature The system will generate a unique data version of the file, known as its cryptographic hash, which is then encrypted using the signer’s private key. It is then added to the document as part of the digital signature. This ensures the original file isn’t altered, thereby breaking the digital signature. This tamper-evident system provides all parties in a transaction the ability to be confident in the authenticity of the document, and also prove the signer is actually signing it.
A variety of digital signature services use hardware-based technology, such as HSMs. These are designed to secure the signing keys and sensitive information associated with digital signatures. This guarantees that even if the computer used by the signer is compromised, an attacker cannot access the private key to sign documents on behalf of the signer.
Certain digital signature software comes with audit trails that provide an extensive history of the entire signing process, making it easier to investigate unauthorized access and other security breaches. Most systems also offer notification options to inform all parties on the status of documents. This helps to avoid delays and uncertainty.
