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Showing posts from August, 2023

What is Key Management? How does Key Management work?

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  With the rising number of data breaches around the world, it's more important than ever to manage customer data securely. Cybercriminals are taking advantage of consumer data from well-known brands and even startups that have only recently entered the digital world. Regardless of the size of a company, necessary measures to enhance the first line of defense should be considered, especially for companies that provide digital platforms for buyers and subscribers. Data breaches affect businesses of all kinds today, and legal frameworks are trying to keep up with the ever-evolving cyberattacks that result in compromised data. Encryption is critical to security if your company deals with sensitive data. Encryption is now a requirement, but your encryption method is only as good as your key management. What is Key Management? Key management refers to the process of keeping track of cryptographic keys within a cryptosystem. At the user level, it deals with producing, exchangin...

A Closer Look at General Purpose HSM vs. Financial HSM: Key Differences and Use Cases

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  A Hardware Security Module (HSM) is a specialized hardware device used to safeguard and manage digital keys used in cryptographic operations. An HSM provides a safe environment for key storage and key management, guaranteeing that cryptographic keys are not accessed or tampered with by unauthorized parties.  HSMs are classified into two types: General purpose HSMs and Financial HSMs. The differences between these two types of HSMs will be discussed in this article.  What is a General Purpose HSM?   General Purpose HSMs are designed to help with a variety of cryptographic functions, such as key management, digital signatures, and encryption. They are employed in a wide range of areas, including healthcare, government, and finance.  General Purpose HSMs can be used to safeguard data in transit as well as at rest. They are useful for safeguarding sensitive data in databases, cloud environments, and mobile devices. They can also be used to protect device communic...