Thales has announced its payShield 10K technology is helping to deliver Microsoft Azure Payment Hardware Security Module (HSM).
This is a new service that provides cryptographic key operations to protect real-time, critical payment transactions in Azure. The solution is in public preview and allows service providers and financial institutions to accelerate the digital transformation of their cloud-based payment systems confidently.
Integration of Thales payShield 10K with Microsoft Azure Payment HSM helps deliver a cloud-based solution that enables a broad range of use case including payment processing, payment credential issuing, securing keys and authentication data and sensitive data protection.
The Microsoft Azure Payment HSM delivered through Thales payShield provides clear advantages for payment HSM users with on-premises HSMs and new payment ecosystem entrants who may opt for a cloud-native approach from the outset. These advantages include:
- Enhanced security and compliance
- Customer-managed HSM in Azure
- Remote management of payShield HSMs
“The Digital transformation of payments to the cloud promises to deliver substantial benefits to financial institutions and payment providers,” said Todd Moore, Vice President of Encryption products at Thales. “Integrating Thales’ payment HSM technology offers financial institutions the same highest levels of payment application security, but with compelling new features, including scalability, consumption based pricing and remote management.”
“Microsoft Azure Payment HSM will make it significantly easier for businesses to pursue cloud adoption and accelerate the secure transformation of their payment systems,” said Devendra Tiwari, senior director, Azure Security at Microsoft. “Integrating Thales’ payShield 10K allows us to meet the demands of our customers while simultaneously ensuring the security and integrity of every payment.”