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Digital Signature News from SIGNiX

How to Stop Fraud with Tamper-Evident Digital Signatures

Posted by Emily Maxie on Thu, Oct 30, 2014

It seems like we’re always hearing about another business falling victim to tampering or fraud. It’s easy to focus on outside threats, but don’t ignore the people on your payroll. Just last week, the SEC fined Wells Fargo $5 million for a case where one of their employees tampered with a document. The employee was fired, but the financial damage was already done.

The Cost of Document Tampering and Fraud

The average organization loses 5% of its revenue to internal fraud. What’s worse, more than half of the victim organizations never recover their losses, according to the Association of Certified Fraud Examiners (ACFE).

The typical fraud loss for small businesses is 28% higher than for companies with more than 100 employees, the ACFE reports. The median fraud loss for small businesses is $154,000, while companies with more than 100 employees see a median loss of $120,000.

The top industries at risk for fraud are:

  1. Banking & Financial Services
  2. Government & Public Administration
  3. Manufacturing
  4. Healthcare
  5. Education
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Tags: security

[Infographic] 5 Scariest Data Breaches of All Time

Posted by Emily Maxie on Fri, Oct 24, 2014

You’ve probably heard about the Target data breach that compromised millions of customers’ credit card numbers and personal information in 2013. You’ve probably also heard about the recent Home Depot data breach. But you might be surprised to find out that neither of those breaches are the largest in recent history. 

In honor of Halloween, we’ve compiled a list of the 5 Scariest Data Breaches of all time based on the number of people affected and the cost to the company responsible for the breach.

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Tags: security

7 Tips to Take Criticism Like a Champ

Posted by Emily Maxie on Mon, Oct 06, 2014

As a human resources consultant, I frequently teach managers how to deliver constructive feedback to employees. However, some people have a hard time accepting anything negative from their manager, no matter how well it is presented. So why do some people have trouble accepting criticism?

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Tags: how to

10 Cyber Security Tips for Small Business [Infographic]

Posted by Emily Maxie on Tue, Sep 30, 2014

The Internet is a great resource for businesses of all sizes. It's especially helpful for small businesses who can use new tools to offer services they could've never afforded before cloud computing came into the mainstream. 

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Tags: security

San Diego County to Save $225,000/year with Digital Signatures

Posted by Emily Maxie on Mon, Sep 29, 2014

Not too long ago, if a resident of San Diego County needed to change their address, the process was pretty cumbersome. The resident would have to drive to the county offices, find parking, fill out and sign the form. After that, people in the county’s offices had to read each form and re-key the information into the county’s computers.

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Tags: benefits, paperless, clients

SIGNiX Promotes Digital Signature Expert to SVP Position

Posted by Emily Maxie on Wed, Sep 24, 2014

We’re happy to announce that John Harris has been promoted to the position of senior vice president of product management! John has been an essential part of our team for more than two years, and we look forward to seeing what he’s able to accomplish in his new position.

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Tags: news

The Biggest Problem With the Paperless Movement—And How to Fix It

Posted by Emily Maxie on Tue, Sep 02, 2014

I’ll be honest with you for a minute. Promise not to judge me? Ok, here it is… SIGNiX isn’t a paperless company. Shocking, right? After all, we’re an e-signature company! Shouldn’t we be completely digital?

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Tags: paperless

E-Signature vs. Electronic Signature vs. Digital Signature

Posted by Emily Maxie on Mon, Aug 25, 2014

If you’ve spent any time researching e-signature technology, you’ve probably heard about a lot of different types of e-signatures. The term “electronic signature” (often shortened to “e-signature”) is a blanket term that describes any technology that lets you sign a document online, but there are many sub-categories. 

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Tags: security, evidence, legality

Best Practices for Adopting Digital Signatures

Posted by Emily Maxie on Mon, Aug 18, 2014

It’s easy to see the benefits of adopting digital signatures. Businesses across the country are enjoying faster onboarding, boosting legal compliance and eliminating incomplete documents thanks to this exciting technology. If you act fast, you can get a leg up on the competition by being among the first to offer such a user-friendly service. 

But some companies are dragging their feet, worried about security, compliance and technical requirements. If you make a mistake during this critical early stage of adoption, it could affect your digital signature project for years to come.

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Tags: clients, adoption

See What These Loan Managers Did to Boost Online Lending

Posted by Emily Maxie on Mon, Aug 11, 2014

It’s no secret that credit unions are going through a time of immense change. Credit unions across the country are struggling to meet the needs of their ever-connected members while maintaining the outstanding service they’re known for.

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Tags: benefits, clients, credit union news

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SIGNiX makes it easy to get documents signed online. SIGNiX’s cloud-based technology helps the world’s leading companies become more efficient and boost profits.

 

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