Penalties For Using Signatures For Fraud - Public Prosecution
Category: Saudi Arabia
penalties-for-using-signatures-for-fraud--public-prosecution-saudi

Public Prosecution officials in Saudi Arabia confirmed that practices involving electronic signatures that involve fraudulent or illegal acts will result in arrest and four penalties for the violator.

Saudi Public Prosecution defines an Electronic Signature as digital information included in electronic transactions, added to them or logically linked to them, that is used to verify the identity of the company and its approval of the transaction.

Anyone who creates, publishes or uses a digital certificate or electronic signature for a fraudulent purpose shall be punished with the following penalties if the practice involves fraudulent or illegal acts.

1. Up to 5 million riyals in fines.

2. Up to five years in prison.

3. All used hardware, software, and systems are seized.

4. The final judgement will be published once it has reached its final stage.

 

SOURCE : SAUDI EXPATRIATES

07 Aug, 2022 0 291
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