Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

Upstart Takes New Tack on Digital Signatures

TriCipher's new MySignatureBook enables multiple signers to authorize a single document electronically

Digital signature technology has been available for years, but many businesses still require their users and customers to print out legal documents, physically sign them, and then fax or mail them in.

"It's unbelievably frustrating for a lot of businesses," says Jon Brody, vice president of markteting at TriCipher Inc. , a small vendor that thinks it may have solved the problem. "You can automate almost any process so that it can be done online, but when it comes time for the signature, you have to go offline to do it."

TriCipher tomorrow will unveil MySignatureBook, a new technology that evolved from work done last year by IT people at Pfizer Corp., the pharmaceutical giant. It uses a Web interface to allow multiple users to review and authorize a single documents with non-repudiable signatures.

The problem with most currently available digital signature products, Brody explains, is that they require all of the signers to use a special client application -- and even if they do, each document can only support one "official" signature, so the business must collate and store multiple signatures for a single document. As a result, many businesses simply drop back and require signers to print out their signatures and fax the document in.

MySignatureBook, on the other hand, enables signers to route the document around via a common Web server and collect multiple signatures, each of which can legally verify the identity of the signer and the date and time of the signature.

"You do need to be on a common credentialing infrastructure, so we expect this technology to take off more in the enterprise environment than in the consumer space initially," says Brody. "But we've already seen a lot of interest in the pharmaceutical space, and we're seeing some interest in financial services, such as mortgage brokers."

MySignatureBook starts at $37,000 for up to 500 users and can cost as little as $5 per user in higher volumes. The solution works with existing third-party smart cards or TriCipher’s credential system, the company says.

Have a comment on this story? Please click "Discuss" below. If you'd like to contact Dark Reading's editors directly, send us a message.

Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
COVID-19: Latest Security News & Commentary
Dark Reading Staff 8/10/2020
Researcher Finds New Office Macro Attacks for MacOS
Curtis Franklin Jr., Senior Editor at Dark Reading,  8/7/2020
Exploiting Google Cloud Platform With Ease
Dark Reading Staff 8/6/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Special Report: Computing's New Normal, a Dark Reading Perspective
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
The Changing Face of Threat Intelligence
The Changing Face of Threat Intelligence
This special report takes a look at how enterprises are using threat intelligence, as well as emerging best practices for integrating threat intel into security operations and incident response. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-8720
PUBLISHED: 2020-08-13
Buffer overflow in a subsystem for some Intel(R) Server Boards, Server Systems and Compute Modules before version 1.59 may allow a privileged user to potentially enable denial of service via local access.
CVE-2020-12300
PUBLISHED: 2020-08-13
Uninitialized pointer in BIOS firmware for Intel(R) Server Board Families S2600CW, S2600KP, S2600TP, and S2600WT may allow a privileged user to potentially enable escalation of privilege via local access.
CVE-2020-12301
PUBLISHED: 2020-08-13
Improper initialization in BIOS firmware for Intel(R) Server Board Families S2600ST, S2600BP and S2600WF may allow a privileged user to potentially enable escalation of privilege via local access.
CVE-2020-7307
PUBLISHED: 2020-08-13
Unprotected Storage of Credentials vulnerability in McAfee Data Loss Prevention (DLP) for Mac prior to 11.5.2 allows local users to gain access to the RiskDB username and password via unprotected log files containing plain text credentials.
CVE-2020-8679
PUBLISHED: 2020-08-13
Out-of-bounds write in Kernel Mode Driver for some Intel(R) Graphics Drivers before version 26.20.100.7755 may allow an authenticated user to potentially enable denial of service via local access.