Posted On: Jun 12, 2023
Today, AWS is announcing a new service, AWS Payment Cryptography. This service simplifies your implementation of cryptography operations used to secure data in payment processing applications for debit, credit, and stored-value cards in accordance with various payment card industry (PCI), network, and American National Standards Institute (ANSI) standards and rules. Financial service providers and processors can replace their on-premises hardware security modules (HSMs) with this elastic service and move their payments-specific cryptography and key management functions to the cloud.
AWS Payment Cryptography also streamlines payment key management by generating keys, importing and exporting through electronic means, and automating key management (store, rotate, back up, and recover). AWS Payment Cryptography can help you meet your compliance needs by managing the underlying physical HSM infrastructure and key management requirements. Additionally, this service can help you by integrating with AWS tools for authorization (AWS Identity and Access Management) and auditing (AWS CloudTrail).
AWS Payment Cryptography is available today in the following AWS Regions: US East (N. Virginia) and US West (Oregon).