Sectigo, a leading provider of automated digital identity management and web security solutions, has joined the Cloud Signature Consortium to help drive standards in the rapidly-growing document signing space. Sectigo, the world’s largest commercial Certificate Authority, with expertise in automating document signing certificate issuance and renewal, will work closely with the Consortium to define and promote standards as the demand for electronic signatures continues to rise.
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According to the 2019 Digital Signatures Market-Growth, Trends and Forecast Report, the digital signatures market is expected to reach a value of $6.93 billion by 2025 as the shift to digital reduces the risk of legal disputes and provides stronger supporting evidence. With more organizations transitioning to distributed operating environments, more businesses are offering electronic document signing to customers, vendors, partners, and employees. As a result, the market is evaluating viable solutions from many providers, giving rise to the need for industry standards for interoperability and uniform adoption.
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“The Cloud Signature Consortium is making it easier for European Union businesses and governments to successfully comply with the rigorous requirements for secure signatures mandated by eIDAS and similar regulations,” explained Lindsay Kent, VP of Product Management, Sectigo. “As we begin to enter a new normal, the sector will see increased demand for digital signatures that offer the highest level of authentication and meet compliance standards. Our participation in the CSC enables Sectigo to play an active role in advancing industry standards, and speed widespread adoption of digital signing.”
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