Top 6 Legal Risks of Electronic Signatures and E-Transactions
A free white paper from Silanis Inc. discusses how a well-designed process, supported by new-generation electronic signature technology, can actually reduce the legal risks and increase the enforceability of e-transactions compared to paper processes.
The ESIGN law has been in effect for over 10 years now, and it governs the minimum requirements for electronic and digital signatures. However, adopting legal electronic signatures to move business processes online without introducing new risks is not a simple task.
The fraud, repudiation, admissibility and compliance risks are challenging enough to address when executing transactions on paper. If not done properly in the electronic world, these risks can be far greater, even if e-signatures are legal.
It goes in-depth and touches on all six legal risks tied to electronic signatures and digital transactions online and what you need to do to mitigate them.