I'm working on a piece of software that creates a contract and captures the client's signature via gif and applies it to the contract (and spits out a pdf). Now, we're storing the data from the contract but when it comes to the signature, I'm not sure if I should.
Store it: Pros: If the pdf document is lost, I can reconstruct the document instantly and easily for whomever needs it (us or client). (checked with the lawyers, reconstructing the document from data is legal and applicable as long as no data is or has changed)
Cons: Although I will never do anything with the stored signature, I can't be certain that, if I ever leave the company, my coworkers or replacements will honor that.
Don't Store it: Pros: Ethical high ground, there's no option for anyone now or in the future to use that image and do anything with it. It keeps everyone honest.
Cons: Now there is no way to reconstruct the original document if the pdf is lost - which is a good possibility.