How does HSM SaaS differ from physical HSMs?

How does HSM SaaS differ from physical HSMs?

In particular data-sensitive industries, organizations are required by law to deploy physical HSMs exclusively.

Physical HSMs are big, standalone machines that stay in one place and are managed only by the organizations on their premises.

HSM-as-a-Service (SaaS), on the other hand, is a cloud option where the HSM is provided through the internet by a service provider who manages everything, and organizations can access the HSM safely over the internet.

Using HSM SaaS is an excellent option because organizations don't have to worry about buying, setting up, and maintaining physical HSMs, which saves money and effort.

HSM SaaS is also more flexible and always available than physical HSMs, and organizations have complete control of their data security.

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