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Futurex’s VirtuCrypt Cloud Payment HSM

Entered in: Invisible Security

Financial services organizations depend on payment hardware security modules, or HSMs, to meet their data security and key management needs. HSMs handle tasks for banks and merchants including PIN translation and verification, CVV generation and validation, EMV validation, message authentication code generation, key management, and mobile payment processing. Additionally, they depend on HSMs to issue payment cards and provision mobile payment tokens. Today, many organizations take the approach of having their payment application hosted with a public cloud provider and their HSMs with a cloud HSM service such as Futurex’s VirtuCrypt offering.