Making the Case for Digital Signatures
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- Antony Curtis
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1 Making the Case for Digital Signatures Save time, money & resources by replacing physical signatures [Partner logo]
2 STAY ENGAGED Type your questions and comments. We ll answer them all at the end of the webinar.
3 MEET THE PRESENTER PICTURE NAME POSITION
4 WHAT YOU WILL LEARN TODAY The Need for Digital Signatures Digital Signatures Overview Digital Signature Solutions Finding the Ideal Solution
5 The need for Digital Signatures Market Overview Market Drivers Benefits of Digital Signatures
6 48% Digital Signatures market grew 48% from 2010 to 2011, with similar growth expected in 2012 and beyond. } PMARKET GROWTH OVERVIEW 74% In certain sectors usage of Digital Signatures is as high as 74%. } ADOPTION 50% SaaS based Digital Signatures have grown from 5% market share in 2009 to an expected 50% in } SAAS SOLUTIONS
7 Market drivers Legality Legislations European Law 1999/93/EC Uniform Electronic Transactions Act E SIGN Act Electronic Signatures in Global and National Commerce Act Industryspecific FDIC, SEC, FINRA Title 21 CFR Part 11 State specific AEC
8 Market Drivers Cost Savings Average office worker uses 10,000 sheets of paper annually Removing paper based processes could increase staff productivity by 30% $20 decrease using digital signatures Average cost for paper form is $3.63, for paper signature is $30 Removing paper based processes could improve efficiencies by 70 80% 75% reduction in error rates 85% Lower mailing & transportation expenses
9 BENEFITS TO DIGITAL SIGNATURE ADOPTION Increased loyalty Unified processes Reduced cycle times Streamlined workflows Improved experience from anywhere
10 Digital Signatures Overview Digital vs. electronic signatures What are digital signatures? Typical workflow for digital signatures
11 Digital vs. Electronic Signatures May only be an image Not always verified by third party Cryptographic operation Signer s identity verified by third party
12 WHAT ARE DIGITAL SIGNATURES? PKI BASED Digital Certificate binds a public key with an identity HASH ALGORITHM Creates a unique fingerprint of the document UNIQUE TO SIGNER Non repudiation Authentication UNIQUE TO DOCUMENT Message Integrity Confidentiality Time stamping
13 What do digital signatures look like? WORD SIGNATURE PDF SIGNATURE
14 Typical Workflow for Digital Signatures CREATE DIGITALLY SIGN DELIVER Reduce time it takes to sign a document by 30% Decrease cost of signature up to $20 Improve efficiency limit paper waste and time spent printing, scanning, mailing
15 Behind the scenes
16 Digital Signature Solutions What do you need? How to deploy Digital Signatures? The ideal Digital Signature solution Where should you start?
17 What do you need? Digital Certificate Issued to person, department, organisation Verified by third party Certificate Authority Digital Document Many regulations have standardised on PDF Can also sign Microsoft Office documents
18 DEPLOYING CERTIFICATES Lower TCO and certificate costs Benefits of using a Certificate Management Solution Centralised lifecycle management Instant certificate issuance Financial and billing information in one place Automatic enrollment and deployment options
19 Live Demo of GlobalSign Platform
20 ACTIVE DIRECTORY INTEGRATION Support auto enrollment & silent installs Outsource PKI management Issue certificates to all domain connected endpoints
21 Token For low volume signing Certificate stored on token Hosted HSM SOLUTION OPTIONS For high volume signing Certificate stored on HSM hosted by Certificate Authority Owned HSM For high volume signing Certificate stored on HSM owned by organisation
22 Hosted HSM vs. Owned HSM Fast set up Cost effective No internal PKI expertise needed Can support larger capacity requirements Easy access to data for compliance auditing Requires in house PKI expertise to implement & manage
23 Cost effective Easy to use The Ideal Digital Signature Solution Easy to manage & Implement Easy signature Validation Works locally Comply with established standards * Ponemon Institute 2014 Cost of Data Breach: Global Analysis
24 REPLACE WHERE TCO # USERS SHOULD INSTALLATION YOU START? USE CASES
25 THANK YOU! GET IN TOUCH
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