L'Association pour le
Développement des
Echanges Electroniques Professionnels

Version française

Euro-Asian EDI Adaptation (EA2)

 

The major advantage of the dematerialisation of exchanges is to enhance the quality of service, boost productivity and reduce costs. Another positive effect is that it has enabled the creation of a simplified legal approval system. The flip side of the coin is that information systems have to be protected. A security chain is a must:

Electronic transactions, particularly when they are financial, ( e.g. a transaction carried out via Internet on a protected basis) must be protected. The same is true for exchanges of electronic contractual documents and the sending of signed mail. Remote access controls, using certificate checks for on-line catalogue consultation, are a possibility.

A potential solution has been found: the asymetrical digital signature. This permits authenticity to be established, it cannot be contested and it guarantees that the documents have not been falsified. The European Community has opted for this solution (Directive 1999/93/CE of the European parliament and of the Council of 13 December 1999 concerning community policy on electronic signatures).

Hand-written signatures are protected by a combination of factors : the paper document cannot be falsified easily, the paper document contains vital information, the deed to which the document pertains is executed by a duly-authorised person.

Security can be tightened by additional measures: certification of the signature by a reliable third party, (local council officer), mailing security procedures (registered letter with acknowledgment of receipt) together with the certification of the mailing by a third party authorised for the purpose (Post Office), authorisation of the cheque by the drawee's bank, secure archives.

The means of falsifying information contained in a paper document and a hand-written signature are no secret. Cases of fraud are numerous. Nonetheless, a hand-written signature is still the simplest and safest method discovered so far. It is consequently of incontestable value: cheques can be produced as evidence in legal proceedings as a result of the signature.

An electronic signature gives added security to a transaction protected by a hand-written signature.

As a result of the legislative and regulatory requirements for conferring probative value to a signature, security levels are higher Such requirements are also far more precise insofar as the definition of concepts and procedures is concerned.

However, reinforced security via the electronic signature has still proved necessary - not only to quash to legal profession's antipathy towards new technologies, but also to win over players on the economic scene and to speed up the approval of electronic procedures for the transmission of strategic information concerning the company, such as payments and public tender offer bids.

Coherence checks (standardisation),
...
Lower litigation
...
Archiving - ensuring that information is stored
...

 

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