Virtual HSM
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Hardware Security Module is a dedicated crypto processor specifically designed for the protection of the crypto key lifecycle. It securely manages, processes, and stores cryptographic keys inside a hardened, tamper-resistant device.
HSMs act as trust anchors that protect the cryptographic infrastructure of some of the most security-conscious organizations in the world. They are used to protect transactions, identities, and applications, as HSMs excel at securing cryptographic keys and provisioning encryption, decryption, authentication, and digital signing services for a wide range of applications.
Virtual HSM is a software-based solution that provides the same functionality as a physical HSM but in a virtualized environment. It offers the benefits of an HSM but with the flexibility and scalability of a cloud-based solution.
Key features of HSMs include:
Physical Tamper Resistance: HSMs are designed to be tamper-resistant, providing a high level of physical security.
Strong Authentication: HSMs implement strong access controls to prevent unauthorized users from accessing sensitive cryptographic material.
Key Management: HSMs can generate, rotate, and protect keys. The keys generated by the HSM are always random.
Secure Cryptographic Operations: All cryptographic operations occur within the HSM, providing a secure environment for these operations.
HSMs are available in different types, including general-purpose HSMs and payment HSMs. General-purpose HSMs use common encryption algorithms and are mainly used with crypto wallets, public key infrastructure (PKI), and in the security of basic sensitive data. Payment HSMs are designed to protect credit and payment card information, as well as other sensitive information involved in financial transactions.