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The susceptibility of digital signatures to fraud in the National Electronic Conveyancing System : an analysis

Low, Rouhshi & Foo, Ernest (2009) The susceptibility of digital signatures to fraud in the National Electronic Conveyancing System : an analysis. Australian Property Law Journal, 17(3), pp. 303-325.

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Abstract

Public key cryptography, and with it,the ability to compute digital signatures, have made it possible for electronic commerce to flourish. It is thus unsurprising that the proposed Australian NECS will also utilise digital signatures in its system so as to provide a fully automated process from the creation of electronic land title instrument to the digital signing, and electronic lodgment of these instruments. This necessitates an analysis of the fraud risks raised by the usage of digital signatures because a compromise of the integrity of digital signatures will lead to a compromise of the Torrens system itself. This article will show that digital signatures may in fact offer greater security against fraud than handwritten signatures; but to achieve this, digital signatures require an infrastructure whereby each component is properly implemented and managed.

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ID Code: 29257
Item Type: Journal Article
Additional URLs:
Keywords: National Electronic Conveyancing System, Digital signatures, Fraud, NECS, Electronic conveyancing
ISSN: 1038-5959
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Property Law (excl. Intellectual Property Law) (180124)
Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > OTHER LAW AND LEGAL STUDIES (189900) > Law and Legal Studies not elsewhere classified (189999)
Australian and New Zealand Standard Research Classification > TECHNOLOGY (100000) > OTHER TECHNOLOGY (109900) > Technology not elsewhere classified (109999)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Past > QUT Faculties & Divisions > Faculty of Science and Technology
Past > Schools > School of Information Technology
Past > Institutes > Information Security Institute
Current > Schools > School of Accountancy
Copyright Owner: Copyright 2009 LexisNexis Butterworths
Deposited On: 14 Dec 2009 12:29
Last Modified: 29 Feb 2012 23:59

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