The proper synchronization of time is vital to any organization, particularly those that are responsible for processing financial transactions (or any data of a transactional nature, for that matter), for one main reason : liability.
If a transaction is ever disputed within the court of law, evidence pertaining to the transaction must be presented. Therefore, (speaking from a Canadian perspective), the rule of 'best evidence' applies; you must be able to provide proof of the integrity of the system wherein the transactions are recorded or stored. The integrity of an electronic documents system is proven by providing evidence that the times used by the system and any related devices were correct, that the system was operating properly during the time the transaction occurred, or at least that the malfunction would not have affected the integrity of the electronic document evidencing the transaction. Also, there must be no other reasonable grounds to doubt the integrity of the electronic documents system, as referenced by the Canada Evidence Act Section 31.3(a). ---------------------------------- John Daniele Technical Security & Intelligence Toronto, ON Voice: (416) 605-2041 Email: [EMAIL PROTECTED] Web: http://www.tsintel.com ----------------------------------
