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Technology / AI and automation

DIGITAL CERTIFICATES MARKET HAS STALLED

The uptake of digital certificates – technology which ensures secure internet transactions – has stalled due to a lack of applications, according to Forrester Research, yet interest in the technology is high. Out of 50 Fortune 1,000 companies contacted, 72% plan to use digital certificates within two years while a further 20% are considering it. More than half of the companies gave improved security as their reason for wanting to adopt the technology. Ease-of-use and the promise of universal authentication tied as the second most popular reason for certificate uptake, with each cited by a third of companies reviewed. Privacy, often perceived as a key requirement for net transactions, came a distant fourth with only 17% of businesses mentioning it. In fact, according to Forrester, nearly a quarter of the companies contacted used certificates but only in small-scale pilot projects.

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CBR Staff Writer

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