Global Certificate Authority GlobalSign, a provider of trusted identity and security solutions – with offices in the Americas, Europe and Asia – enabling businesses, enterprises, cloud service providers (CSPs) and IoT innovators globally, is now a recognized Qualified Trust Service Provider (QTSP) under European law (eIDAS).
The QTSP plays an important role in the process of qualified electronic signing – the highest assurance level of signatures as specified by the Electronic Identification and Authentication Services (eIDAS) Act. eIDAS is an EU regulation focused on enhancing trust in electronic transactions between citizens, businesses and public authorities cross-borders.
As a recognized QTSP, GlobalSign is now able to provide qualified certificates for electronic signatures and seals. Qualified electronic signatures and seals have the same legal effect as handwritten signatures and presume the integrity and origin of the document. These qualified certificates must be recognized and accepted across all member states of the EU. The new qualified certificates for electronic signatures and seals will be available in December 2018.
Qualified certificates for electronic signatures and seals are available to individuals and organizations through GlobalSign’s token-based deployment. In line with eIDAS requirements, each signing identity, whether individual or corporate body, is verified and issued a qualified certificate stored on a qualified signature creation device (the token).
GlobalSign‘s standard line of digital signature certificates and solutions would meet the requirements for advanced electronic signatures and seals because they are: uniquely linked to the signatory; capable of identifying the signatory; created using electronic signature creation data that the signatory can, with a high level of confidence, use under his sole control; and linked to the data signed there with in such a way that any subsequent change in the data is detectable.
EU Regulation Electronic Transactions
eIDAS is an EU regulation focused on enhancing trust in electronic transactions between citizens, businesses and public authorities cross-borders. Under the law, only QTSPs can provide qualified trust services and appear on their country of operation’s Trust List. If an entity is not on this list, they cannot provide qualified trust services.
“Increasingly, the EU and member states will adopt legislation to support the different qualified trust services as defined by eIDAS,” said Arvid Vermote, CISO of GlobalSign. “In France for example, by the end of 2018, all public tenders and contracts are required to be signed using qualified electronic signatures. Given the current adoption pace and anticipated legislative updates we expect that (qualified) digital signatures will overtake ‘wet signatures’ as the main means of signing by 2020. The level of assurance QTSP recognition offers is critical, especially for companies in regulated industries such as banking, insurance and energy marketplaces, so being recognized as QTSP within the EU will open up even more doors for us.”