Ensuring Compliance with Digital Signature Lawfulness for Accounting in Mexico

How to eSign a document: digital signature lawfulness for Accounting in Mexico

a couple of weeks ago we talked about legal issues on working from home to view that video we'll share a link at the description below for today's video we'll talk about E and digital signature as part of the new normal to encourage us to make more videos like this please like share and subscribe we really appreciate it thank you with the help of technology and good internet access there's less demand for the use of papers with less paper means more digitized documents hence the rise of the use of a signature and digital signatures before we even talk about the difference between a signature and digital signature its legitimacy as well as its drawback let's first talk about what a signature is a signature is defined as a depiction of a map usually in the form of a name on a document as proof of the person's identity in authorizing a document let us break this down first it is a map it may not be an autograph like how most people presume it should look like depending on which country and genre you're from a signature can be in the form of a named Sue calligraphy thumbprint or a QR code second it is meant to prove the person's identity in other words it must be unique to an encrypted for the individual only like all encryption it can be broken that is why forgery of signature it's a common thing an eSignature is basically a virtual signature it is most commonly used in the signing of digitized letters and emails it is usually created with the use of a mouse or stylus whereas a digital signature on the other hand is embedded with a personal key infrastructure also known as PKI the purpose of a PKI is to facilitate the secure electronic transfer of information generally a person signs a document using a private key the recipient eco is signature with a public key provided by the signer if the public key cannot decrypt the signature the signature is then invalid person to the digital signature Act 1997 digital signature in contract is legally recognized in Malaysia if it is verified by a certificate issued by a Malaysian licensed Authority the list of this license authorities can be found at the Malaysian communication and multimedia Commission website also known as MCHC the digital signature Act 1997 does not recognize a signature however electronic commerce Act 2006 change or that such as six of the electronic commerce act recognized the legal effect of electronic messages which includes emails SMS whatsapp messages and so on section seven recognized contracts form with the use of electronic messages walls section nine recognized a signature if it is attached to an electronic message can reasonably identify the person's identity and it's often reliable source what is reliable will depend if the cincture is linked to and is solely under the control of the signer and if any change to the signature or document post signing is detectable the electronic government activities act 2007 recognizes the use of electronic messages in dealings between the government and the public if electronic messages are used in dealings with the government electronic signature can then be used it is noteworthy that a signature is not recognized in power of attorney will incur the sole trust negotiation instrument affidavits and statutory declaration however it is still uncertain in such signature are recognized for share transfer forms or property transfer forms the obvious drawback of using digital signature is when the private key is no longer private anyone who gets their hand on it can generate a digital signature unlike the conventional signature on paper there is no way to tell if such signature is fabricated same goes with a signature whilst security feature for digital signature is the private key passwords to your computer and emails will be this security feature for a signature that is why passwords are important if you have password as your password it is time for you to think of a new one where your digital signature is recognized one is free to use any of it one should always remember that convenience shouldn't outweigh risks hence do you think that such signature is better than a conventional one the pad is after all right here then a sword what's more than a mouse you [Music]