With an estimated 3 trillion PDFs worldwide, the file format continues to be ubiquitous in any organization today. The most critical business data such as financial statements, sales contracts, invoices, etc. is often in PDF documents. Last year, more than 400 billion PDFs were opened in Adobe products.
And yet, a vast majority of public-facing PDFs are editable. With the rise of digital transformation, there has also been an increase in cyber fraud and fraudulent documents. In 2022, 52 percent of the surveyed large enterprises had experienced fraud in the last two years. And consumers lost $660 million in the same year due to business imposters. Forgery techniques have been getting more sophisticated as well. The most frequently manipulated documents include tax forms, business filings, and bank statements.
Unauthentic documents with inaccurate information can lead to financial losses and fraudulent business transactions. They can also impact the brand reputation of an organization negatively and erode customer trust. In such an environment, ensuring the authenticity of documents is becoming increasingly critical. This is where electronic sealing can help.
When an electronic seal is applied to a document, it provides authenticity and a sense of trust for critical documents such as statements, bills, invoices, verification letters, etc. Government regulations like eIDAS in the EU have also underlined the value for enterprises to apply seals with legal recognition to its documents. The new Adobe PDF Electronic Seal API is a cloud-based, end-to-end solution for applying electronic seals on PDFs at scale, demonstrating the integrity and authenticity of PDFs.
What is an Electronic Seal?
Electronic seals, also known as e-seals, are akin to an organization’s rubber stamp, but instead of physical stamp, organizations can apply its seal to a document electronically. When a document has an electronic seal, it virtually demonstrates authenticity and integrity of the content of the document as well as verifies the identity of the origin of the document. Once the electronic seal is applied to the document, the contents of the document become tamper evident.
The main difference between an e-seal and an e-signature is that an e-signature is meant for individuals (natural persons), whereas an e-seal is used by a legal entity (business or organization). Another difference is that an e-signature is an agreement from the signatory to the content of the document whereas an e-seal demonstrates the authenticity and identity of the organization originating the document, as mentioned above.
Electronically seal documents at scale
The Adobe PDF Electronic Seal API applies an e-seal to PDF documents using a third-party digital certificate to:
- Verify the identity of the organization.
- Demonstrate the authenticity of the content.
- Show the timestamp of the e-sealing.
The digital certificate can be obtained from certain TSPs (Trust Service Providers) on the AATL (Adobe Approved Trust List) that support OAuth authentication.
The PDF Electronic Seal API is the only API offered by a PDF solution provider that enables end-to-end automated workflow without the need for any hardware-based modules. Organizations can apply an e-seal to documents, such as invoices, statements, etc. at scale by adding the API to document workflows.