Security procedures for electronic records must reflect transaction context, technological capacity, available alternatives, costs, and prevailing commercial practice. Security procedures for secure electronic records and secure electronic signatures are to be prescribed by the Central Government. The prescribed ... Summary
Security procedures for electronic records must reflect transaction context, technological capacity, available alternatives, costs, and prevailing commercial practice.
Security procedures for secure electronic records and secure electronic signatures are to be prescribed by the Central Government. The prescribed procedure must account for prevailing commercial circumstances, including the nature of the transaction, parties' technological sophistication, comparable transaction volume, rejected alternatives, costs of alternative procedures, and practices generally used for similar transactions or communications.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.