Futurex, a leading provider of hardened enterprise-class data security solutions, today announced the next generation of its VirtuCrypt financial cloud hardware security module (HSM) service. Futurex’s VirtuCrypt financial cloud HSM service supports financial services organizations’ critical payment systems cryptography and key management needs in the cloud.
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VirtuCrypt cloud HSMs are the industry’s first financial cloud cryptographic solution with native Amazon Web Services (AWS) support, which was also announced today. Details of the VirtuCrypt next-generation financial cloud HSM, along with feature demonstrations, will be held at the Futurex Virtual Summit 2020 on June 25, 2020 at 10:00 a.m. CT. Register for this at Futurex-Summit.com or view the session on demand afterward.
Financial services organizations depend on HSMs to meet their payment and cryptography needs, including for transaction acquiring, card and mobile issuing, and Point-to-Point Encryption (P2PE). HSMs are used to handle tasks for banks and merchants including PIN translation and verification, CVV generation and validation, EMV validation, message authentication code generation and verification, key management, and mobile payment processing. Additionally, they depend on HSMs to issue payment cards and provision mobile payment tokens.
Since 2015, VirtuCrypt financial cloud HSMs have provided services for organizations of all sizes. With five data centers worldwide and certifications including PCI DSS, PCI PIN, PCI P2PE, and TR-39, VirtuCrypt services are a platform-agnostic way for organizations to deploy cryptographic services across a range of financial use cases and architectures.
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