Friday, July 18, 2014

What is a digital signature?
First, it is not the scanned form of your paper signature as some might think. It is an electronically generated stamp of authentication. It is a set of encrypted data used with the same validity of a paper signature, but on emails, electronic documents and online transactions. Your digital signature is unique to you. A receiver can verify if the message came only from you and that it had not been tampered with.
Do I need one?
For now, it is quite a helpful tool but before long, it may become absolutely essential. With a digital signature, you can file tax returns online, make investments, do your banking transactions and even send quotations to your business partners. India is moving into a system where an increasing number of electronic transactions will go under the mandatory e-filing system requiring a digital signature. The private sector, too, is embracing this. One day, you may be required to digitally sign your job application.
How do I get it?
You must apply to one of the country's seven certifying authorites (CA) licensed by the government. A CA not only issues the digital certificate to you, but also certifies all your online transactions to establish an unbroken path of virtual trust.
Is it widely accepted?
Indian laws recognise digital signatures at par with paper signatures. A growing community of large and small companies, financial service providers and government agencies are not just accepting them, but insisting that their customers use digital signatures.
Is it reliable?
It is practically safe and certainly more so than paper records. The certifying authority verifies your identity for each transaction and the software used at the receiver's end eliminates chances of tampering en route. An elaborate system of checks and balances also ensures that a sender is not able to disown his or her message later.
Is it affordable?
At Rs 2,000 or more per signature, it often isn't, especially for young professionals. But with increasing volumes, prices are coming down and the government also plans to encourage more competition in the sector.
I am not tech-savvy. Isn't paper and phone the better way?
You don't have to be a rocket scientist to use digital signature. You won't see or feel most of the processes that happen in the back-end. If you have the basic comfort level with a personal computer and can click on the button shown on the screen, you're OK. This system also does away with many shortcomings of the paper and phone world. Read More..
http://articles.economictimes.indiatimes.com/2007-08-11/news/27690048_1_digital-signature-digital-certificate-online-transactions

Apply Online Digital Signature Certificate by DSM from Delhi, We are provides all types of DSC in India.

FAQs about digital signatures

Posted by Digital Signature Mart  |  4 comments

What is a digital signature?
First, it is not the scanned form of your paper signature as some might think. It is an electronically generated stamp of authentication. It is a set of encrypted data used with the same validity of a paper signature, but on emails, electronic documents and online transactions. Your digital signature is unique to you. A receiver can verify if the message came only from you and that it had not been tampered with.
Do I need one?
For now, it is quite a helpful tool but before long, it may become absolutely essential. With a digital signature, you can file tax returns online, make investments, do your banking transactions and even send quotations to your business partners. India is moving into a system where an increasing number of electronic transactions will go under the mandatory e-filing system requiring a digital signature. The private sector, too, is embracing this. One day, you may be required to digitally sign your job application.
How do I get it?
You must apply to one of the country's seven certifying authorites (CA) licensed by the government. A CA not only issues the digital certificate to you, but also certifies all your online transactions to establish an unbroken path of virtual trust.
Is it widely accepted?
Indian laws recognise digital signatures at par with paper signatures. A growing community of large and small companies, financial service providers and government agencies are not just accepting them, but insisting that their customers use digital signatures.
Is it reliable?
It is practically safe and certainly more so than paper records. The certifying authority verifies your identity for each transaction and the software used at the receiver's end eliminates chances of tampering en route. An elaborate system of checks and balances also ensures that a sender is not able to disown his or her message later.
Is it affordable?
At Rs 2,000 or more per signature, it often isn't, especially for young professionals. But with increasing volumes, prices are coming down and the government also plans to encourage more competition in the sector.
I am not tech-savvy. Isn't paper and phone the better way?
You don't have to be a rocket scientist to use digital signature. You won't see or feel most of the processes that happen in the back-end. If you have the basic comfort level with a personal computer and can click on the button shown on the screen, you're OK. This system also does away with many shortcomings of the paper and phone world. Read More..
http://articles.economictimes.indiatimes.com/2007-08-11/news/27690048_1_digital-signature-digital-certificate-online-transactions

Apply Online Digital Signature Certificate by DSM from Delhi, We are provides all types of DSC in India.

7:12 AM Share:

Thursday, April 24, 2014

DGFT stands for Directorate General of Foreign Trade. It is the association answerable for directing foreign trade and foreign investment in India. It goes under Ministry of Commerce and Industry of the Government of India. DGFT is the individual in command for Import and Export Policies in India. It assists in development exchange with different countries and thus enhances the monetary development of the nation. DGFT is also the licensing authority for exporters and importers. It introduces different trade promoting proposals and issues notifications, circulars and notices on timely basis. To order to work together, DGFT issues a digital signature certificate. All exporters and importers need to apply for Digital Signature Certificate for DGFT before starting any communication.

With the appearance of Internet technology in India, all business communications are done electronically. This produces the need to secure all communication done between two parties so that individuals with noxious expectation are not equipped to abuse them. Paper structures are out of date now and E-filling is the most recent pattern. This makes digital signature certificate mandatory for all organisations. Digital Signature Certificate for DGFT is similar to hand written signature and confirms the identity of the person filing the document.  Digital Signature Certificate for DGFT also confirms the authenticity of the digital message or document issued from exporters or importers. Digital Signature Certificate for DGFT avoids all sorts of forgery or tampering. It is also illegal to use somebody else digital signature without permission.

Like hand written signature, Digital Signature(DS) also confirms the identity of the person filing the form electronically. The sender whose digital signature is used in the e-form can't deny the accuracy and validity of the document. It is valid for one and two years and needs to be renewed thereafter.

Currently in India, Tata Consultancy Services-Certifying Authority (TCS-CA) offers a variety of DS for many purposes. These Digital Signature certificates are used in many government and private companies. Some of the companies accepting digital Signature certificates in India are IFFCO, Digital Signature for Railway, Digital Signature for MCA 21, Digital Signature for E-filing, Digital Signature for E-tendering etc. Directors, auditors, company secretaries or any other authorised signatories of companies need to have Digital Signature Certificate. It has to be authorised from a Licensed Registration Authority. Mainly there are three types of digital signature certificates- Digital Signature Class 1, Digital Signature Class 2 and Digital Signature Class 3. The difference between them is in the security level.

With the increase in Internet usage in the country, cyber crime has also increased over the years. Cyber crime usually attacks on Identity, Privacy and Finances of the person. Here is when the role of Digital Signature Certificate comes as it is considered as one of the strongest tools to Cyber Security.
Buy Online Digital Signature Certificate provider in Delhi by DSM.

Importance of Digital Signature for Directorate General of Foreign Trade - DGFT

Posted by Mohan Mahtha  |  4 comments

DGFT stands for Directorate General of Foreign Trade. It is the association answerable for directing foreign trade and foreign investment in India. It goes under Ministry of Commerce and Industry of the Government of India. DGFT is the individual in command for Import and Export Policies in India. It assists in development exchange with different countries and thus enhances the monetary development of the nation. DGFT is also the licensing authority for exporters and importers. It introduces different trade promoting proposals and issues notifications, circulars and notices on timely basis. To order to work together, DGFT issues a digital signature certificate. All exporters and importers need to apply for Digital Signature Certificate for DGFT before starting any communication.

With the appearance of Internet technology in India, all business communications are done electronically. This produces the need to secure all communication done between two parties so that individuals with noxious expectation are not equipped to abuse them. Paper structures are out of date now and E-filling is the most recent pattern. This makes digital signature certificate mandatory for all organisations. Digital Signature Certificate for DGFT is similar to hand written signature and confirms the identity of the person filing the document.  Digital Signature Certificate for DGFT also confirms the authenticity of the digital message or document issued from exporters or importers. Digital Signature Certificate for DGFT avoids all sorts of forgery or tampering. It is also illegal to use somebody else digital signature without permission.

Like hand written signature, Digital Signature(DS) also confirms the identity of the person filing the form electronically. The sender whose digital signature is used in the e-form can't deny the accuracy and validity of the document. It is valid for one and two years and needs to be renewed thereafter.

Currently in India, Tata Consultancy Services-Certifying Authority (TCS-CA) offers a variety of DS for many purposes. These Digital Signature certificates are used in many government and private companies. Some of the companies accepting digital Signature certificates in India are IFFCO, Digital Signature for Railway, Digital Signature for MCA 21, Digital Signature for E-filing, Digital Signature for E-tendering etc. Directors, auditors, company secretaries or any other authorised signatories of companies need to have Digital Signature Certificate. It has to be authorised from a Licensed Registration Authority. Mainly there are three types of digital signature certificates- Digital Signature Class 1, Digital Signature Class 2 and Digital Signature Class 3. The difference between them is in the security level.

With the increase in Internet usage in the country, cyber crime has also increased over the years. Cyber crime usually attacks on Identity, Privacy and Finances of the person. Here is when the role of Digital Signature Certificate comes as it is considered as one of the strongest tools to Cyber Security.
Buy Online Digital Signature Certificate provider in Delhi by DSM.

7:42 AM Share:

Wednesday, April 23, 2014

RBI committee proposes to have a two-way verification process for individual customers

Bank customers may soon have the option to authenticate Internet banking transactions through digital signatures. A report by a Reserve Bank of India (RBI) committee, Enabling Public Key Infrastructure (PKI) in Payment System Applications, has given a phase-wise implementation timeline proposal for this.
The report stresses on the need to have a two-way verification process in view of the increasing instances of fraud. In the first two phases, to be implemented in twelve months, corporate authorizes will be given the option of digital signatures. In another six months, the service will be extended to individual customers. Individuals need to apply for a digital signature at an entity certified by Controller of Certifying Authorities (CCA).
There will be a know-your-customer process, after which an alphanumeric key will be allocated. “If an electronic document needs to be authenticated Internet, digital signature is the best bet as it takes a long time to break it,” said Pavan Duggal, a Supreme Court lawyer and a cyber law expert.
If implemented, a customer can transact, say, transfer funds, by authenticating the transaction with a private key, i.e the digital signature. Once the bank receives the instruction, it will open the message using a public key, which can be downloaded from the certifying authority’s website. “This will ensure that the transaction is genuine as it will minimize the chances of the request being changed in transit and repudiation cases will go down,” added Duggal.
Some concerns remain regarding use of cell phones. Though the 2008 amendment in the IT Act, 2000, includes “communication devices”, under its ambit (earlier restricted to computers), “all activities done with the communication device may not be included,” said Duggal, adding that eventually the law will have to change to include mobile devices as well.
The roll out of digital signatures will also depend on how quickly customers adapt to it. “There is a recommendation to make it easy for customers to get a digital signature. That’s why possibly a period of 18 months is given,” said Deepak Sharma, executive vice-president and head-digital initiatives, Kotak Mahindra Bank Ltd. He added that the move will be good for customers, as they will feel more confident of online transactions, and for banks, as they will face fewer repudiation cases.
The Reserve Bank of India committee has also recommended that once the system is in place, it should be reviewed to make digital signatures mandatory for all big-ticket transactions.
Apply Now Digital Signature by DSM.

Get ready for digital signatures

Posted by Mohan Mahtha  |  1 comment

RBI committee proposes to have a two-way verification process for individual customers

Bank customers may soon have the option to authenticate Internet banking transactions through digital signatures. A report by a Reserve Bank of India (RBI) committee, Enabling Public Key Infrastructure (PKI) in Payment System Applications, has given a phase-wise implementation timeline proposal for this.
The report stresses on the need to have a two-way verification process in view of the increasing instances of fraud. In the first two phases, to be implemented in twelve months, corporate authorizes will be given the option of digital signatures. In another six months, the service will be extended to individual customers. Individuals need to apply for a digital signature at an entity certified by Controller of Certifying Authorities (CCA).
There will be a know-your-customer process, after which an alphanumeric key will be allocated. “If an electronic document needs to be authenticated Internet, digital signature is the best bet as it takes a long time to break it,” said Pavan Duggal, a Supreme Court lawyer and a cyber law expert.
If implemented, a customer can transact, say, transfer funds, by authenticating the transaction with a private key, i.e the digital signature. Once the bank receives the instruction, it will open the message using a public key, which can be downloaded from the certifying authority’s website. “This will ensure that the transaction is genuine as it will minimize the chances of the request being changed in transit and repudiation cases will go down,” added Duggal.
Some concerns remain regarding use of cell phones. Though the 2008 amendment in the IT Act, 2000, includes “communication devices”, under its ambit (earlier restricted to computers), “all activities done with the communication device may not be included,” said Duggal, adding that eventually the law will have to change to include mobile devices as well.
The roll out of digital signatures will also depend on how quickly customers adapt to it. “There is a recommendation to make it easy for customers to get a digital signature. That’s why possibly a period of 18 months is given,” said Deepak Sharma, executive vice-president and head-digital initiatives, Kotak Mahindra Bank Ltd. He added that the move will be good for customers, as they will feel more confident of online transactions, and for banks, as they will face fewer repudiation cases.
The Reserve Bank of India committee has also recommended that once the system is in place, it should be reviewed to make digital signatures mandatory for all big-ticket transactions.
Apply Now Digital Signature by DSM.

3:25 PM Share:
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