In today's digital era, banks are increasingly leveraging cloud and multi-cloud environments to drive operational efficiency. However, the security and confidentiality of sensitive data must remain a top priority. This is where a centralized key management system (CKMS) comes into play.
The adoption of cloud computing has altered the approach organizations take toward security. Rather than concentrating on securing the perimeter of a local database, a cloud-first landscape necessitates safeguarding the data itself.
Cloud computing brings many benefits to enterprise businesses; easily scalable, cost-effective and resilient, cloud computing enables rapid development of products and services while minimizing downtime and reducing cost. However, the aggregation of sensitive data, critical business processes and other corporate IP on a publicly accessible platform creates security and data privacy challenges for many enterprises.
The AWS cloud is enjoying increasing popularity with its very high levels of scalability, durability, and availability. It releases companies from the burden of 24/7 service and maintenance and is available in many regions, ensuring that data stays in a confined area of jurisdiction. Here we look at how Cryptomathic's AWS BYOK Service can help your business generate and control your own keys for AWS to remain compliant with industry standards, easily auditable, and secure.
In today’s dynamic business landscape, companies need to be agile with their cloud processes to remain competitive. But at the same time, they must do it securely.
Many industries, including banking, finance and healthcare are required to comply with data security standards under regulations like SOC, NIST, PCI, GDPR or HIPAA. Such industries can be subject to costly penalties if they are unable to prove their compliance in the event of a security breach.
Cloud storage via AWS Storage Services is a simple, reliable, and scalable way to store, retrieve and share data. As a third-party cloud vendor, AWS manages and operates the data storage as a service. Because the data is delivered on demand using JIT capacity and costs, it eliminates having to buy and manage your own infrastructure for storing data. This service supplies anytime, anywhere data access which gives agility, durability, and global scalability for users. To maintain compliance with major industry standards like GDPR, HIPAA, PCI-DSS while harnessing the advantages of cloud storage, this article suggests a bring your own key solution with automated audit features.
The 2020 Oracle and KPMG Cloud Threat Report focuses on the key risks and challenges organizations face as they implement and maintain cloud solutions. This article highlights some of the report's findings around the growing trust in the security of cloud offerings and asserts why maintaining control of your own critical keys should be considered best-practice when considering migrating to the cloud.
In this article we will discuss why shortfalls in U.S. President Joe Biden’s recent Executive Order do not meet the requirements of the EU’s Charter of Fundamental Rights.
