All companies deal with secret information every day, and its disclosure might do irreparable reputational or economic damage. Until 2019 there was no Trade Secrets Act in Spain. Still, it finally came into force in March 2019 due to the transposition of the European Directive on the protection of undisclosed know-how and business information against unlawful acquisition, use and disclosure. This post tells you more about what the Trade Secrets Act protects, to whom it applies, what effects the protection has, and what legal and technological steps companies can take to protect their secrets.
Electronic signatures make many procedures easier for companies in general and banks in particular. Using electronic signatures avoids travel, time-consuming procedures and delays in banking operations. However, banks need security in their transactions, so they need to have a robust authentication process. Here we tell you how new technologies such as biometrics and electronic signatures are used to open online bank accounts and other banking operations.
The growth of e-commerce during the COVID-19 pandemic lockdown and the need for secure online payments following last year’s lockdown has continued to grow in the fashion, electronics, and beauty sectors. An Experian Global Identity & Fraud Report found that electronic transactions increased by 20 per cent. However, the rise in online shopping also leads to an upsurge in fraud, with 2 out of 3 companies showing more significant concern about fraud.
Have you received an electronically signed document and need to know if it is valid? Many companies face this situation daily, and it means that you need to have a thorough understanding of how to validate the electronic signature and the mechanisms used to make them legally valid.This post describes how to validate electronic signatures and whether or not they are legal, what the validity of electronic signatures is based on, what types of signatures there are and what Lleida.net does to validate such signatures.
Companies’ main concerns are identifying their new customers using increasingly accurate technologies such as facial recognition when making electronic transactions. This post tells you what it is, why it is safe, and the practical applications involved.