Costa Rica: Use of digital signature starts in March 2009

It is expected that public and private banks will start to distribute the first digital certificates in March 2009.

Tuesday, December 9, 2008

These certificates are a part of the digital signing process which includes the creation of a complex system in which digital signatures will have the same validity as physical signature.

Carlos Melegatti, from the BCCR, and Oscar Solis, from the Ministry of Science and Technology (Micit), pointed out that the banks are very interested in implementing the digital signatures in order to increase security fro Internet transactions.

More on this topic

Digital signature in Costa Rica faces uphill struggle

January 2009

The implementation process for digital signatures still has a long path of activities and processes to complete.

The article by Carlos Cordero Pérez on the financierocr.com points to multiple steps to complete and obstacles to remove, including "the purchase of smart card with the digital signature", "authorization of bank branches to distribute them."

Digital Signature Active in Costa Rica

August 2009

A digital signature associates the identity of a person or device with a message or electronic document, authenticating it and verifying its integrity.

The recognition of digital signatures grants security to electronic transactions, fostering digital commerce.

"This project is lead by the Directorate of Digital Signature Certification Companies and the Ministry of Science and Technology (MICIT).

Opportunities in the Market for Digital Signatures

September 2011

Costa Rica's government has launched the use of digital signatures, but warns that the growth of its use will depend on its incorporation by the private sector.

The digital signature binds the identity of a person or team with a message or electronic document, to ensure authorship and integrity. The recognition of digital signatures provides security for electronic transactions, promoting e-commerce.

Digital Signature Mandatory for Online Transactions

January 2013

As of February 2013, in Costa Rica it will be mandatory to have digital signatures for any transaction via Internet banking.

Currently there are 31 offices spread throughout the country which are set up to give out the certificates.

"The official ceremony to operationalize the Electronic Agent Certification Authority will be held in January, and with it the requirement for digital certificates by enterprises and institutions for signing transactions and legal commitments with their clients when they receive electronic services through their web infrastructure", noted an article in Crhoy.com

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