The Banking and Financial Services industry utilizes both General Purpose HSMs and Payment HSMs. Payment HSMs have a natural place in the Banking and Financial Services industry as they play a critical role in ensuring the security and integrity of financial transactions.
However, as any other organization that needs to protect sensitive data, the banking and financial services industry also needs General Purpose HSMs for any non-payment related use cases where general commands are utilized. Use cases such as digital signatures, to encrypt or decrypt information, or to verify and validate digital identity, all need GP HSMs.
As opposed to a payment HSM, a General Purpose HSM is highly versatile and can be used in any application that uses cryptographic keys which doesn’t require the additional controls imposed by a Payment HSM.
To find out more about Utimaco’s General Purpose HSMs and Payment HSMs, visit our website.
For over 40 years now, Utimaco products have been protecting people around the world against terrorism and organized crime and have secured private and sensitive data against theft or abuse.
