A Future Killer App?

The amendment of the Act is going to help the banking industry, for anyone can go to

his bank’s website and authenticate himself with a digital signature.

"Gone are the days where you will have to write on cheque to issue money.

With digital signatures, things are going to be simple," says SafeScrypt

managing director K Dasaratharaman.

l Why digital

signatures?



While communicating through he e-media, a lot has to be done to ensure the

integrity of the network. The queston is–"How do I know that I am talking

to you and how do you know it is I who is sending you the messages?" This

whole subject has become more relevant and important because of the ability to

spoof mail ids, spam mails and the hacking going on. Therefore, securing one’s

identity and information has become very important.

l The technology

behind digital signatures...



The entire system works on the technology called Public Key Infrastructure (PKI).

SafeScrypt’s role is to design and integrate these PKI based solutions

seamlessly into the organization’s existing system. It addresses four pillars

of security: Authentication, Confidentiality, Integrity and Non-repudiation.

With a PKI solution, a mail send will not be like a letter sent on a postcard

where everyone can read the content or even tamper.

l On the safety

aspects...



In the physical world we use and associate the signature of a person to

establish identity and credibility of the individual. Now creating trust in the

electronic world is Digital Signature. The signature is an unforgeable piece of

data that asserts that a named person wrote or otherwise agreed to the document

to which the signature is attached.

l Where it’s

applicable?



There is a silent paradigm shift happening with more and more people going

electronic. The future of e-commerce and e-governance depends on the trust that

the transacting parties place in the security of transmission and the content of

the communication. The initial application of digital signature is where

financial and legal transaction happens. In order to tell a bank to issue a

cheque in somebody’s name, the bank should be certain that it has been

authorized to do so by the right person. In order to do financial and legal

transactions electronically, digital signature is required.

Nisha Kurian



(CNS)