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Futurex Tops ABI Competitive Report as #1 Innovator!
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Futurex Tops ABI Competitive Report as #1 Innovator!

Futurex Key Management 

Solutions (KMS):

The standard for scalable and trusted encryption.

Table of Contents

Key Management Solutions (KMS):

Protect your business in the face of today's data encryption crisis

 

Index

What are Key Management Solutions? Why is it essential for data encryption?

 

Understanding Key Management

Key management uses processes and tools to manage cryptographic keys throughout their life cycle. It covers secure key generation, storage, distribution, rotation, and use. Strong key management protects sensitive information and preserves data integrity and confidentiality.

What is Key Management?

A Key Management Solution (KMS) is a managed service that helps you create and control the keys that protect your data.

In simpler terms:

A KMS centralizes key management and rotation across your systems and supports compliance.

Why Key Management Matters for Data Security?

The Lifecycle of a Cryptographic Key (Generation to Destruction) 

Legacy key management solutions create exploitable weaknesses: 

  • Plaintext key storage facilitates unauthorized extraction.
  • Neglected key rotation best practices permit indefinite exploitation of leaked keys.
  • Manual handling injects inconsistencies into cryptographic workflows.   

Outdated KMS encryption often underlies security incidents, including keys hardcoded in applications, transmitted over open networks, or left unmanaged in their lifecycle.  
 
Unified key management solutions resolve these vulnerabilities by automating key tasks, applying key management policies, and integrating a hardware security module. Such measures restrict access, facilitate compliance audits, and preserve the reliability of encrypted exchanges.  

Why is Key Hierarchy Important for Key Management Solutions?

 

A key hierarchy ensures proper key management and security. This hierarchical approach creates layers of protection, with each level securing the keys beneath it.

The hierarchy consists of major keys (Platform Master Key and Backup Major Key) at the top level that protect working keys (symmetric, asymmetric, and certificate-related) at the lower levels. This structure enables secure key storage, usage, and rotation while maintaining strong separation between different security domains and key types.

Understanding Major Keys

Major Keys form the foundation of the key hierarchy and serve as the root of trust for the entire system. These include:

  • Platform Master Key (PMK): The highest level key in the hierarchy, generated and protected within the HSM hardware.
  • Backup Major Key (BAK): A parallel high-security key that provides redundancy for the PMK, ensuring system resilience and enabling secure backup and recovery operations.
Major Keys have no set lifecycle; they do not expire and should be rotated based on company policy and regulation compliance. 

 

Key Encryption Keys (KEKs)

KEKs sit below the PMK/BAK in the hierarchy and are wrapped (encrypted) by the PMK for secure storage. KEKs serve the following critical functions:

  • Encrypting (wrapping) other keys for secure storage or transmission.
  • Facilitating secure key exchange between systems.
  • Protecting keys during import and export operations.
  • Enabling logical segregation of different key groups within the system.
  • Supporting key management across different security domains.

Working Keys

Working Keys are the operational keys used for actual cryptographic operations at the application level. These keys perform the day-to-day cryptographic functions required by applications and services, such as:

  • Data Encryption Keys: For securing sensitive information.
  • MAC Keys: For message authentication and integrity verification.
  • Signing Keys: For digital signatures and non-repudiation.

Working Keys have the following characteristics:

  • Always protected by higher-level keys in the hierarchy, typically wrapped by KEKs for storage and transmission or the PMK if the key is used locally
  • Use a dynamic lifecycle involving more frequent rotation
  • Subject to specific usage constraints based on security policies
Anticipating the challenges_adopting the cloud_blog image (1)

The secret of the "single device": how a single Futurex HSM manages key management encryption solutions, while competitors force you to buy and manage two separate devices.

The Futurex Difference: How our key management solutions outperform the competition

 

Most key management solutions (KMS) have issues with performance, flexibility, or compliance. Futurex excels in all areas.

Ultra-fast processing: The "bottleneck" of encryption

Generating keys: Create cryptographic keys securely for various encryption needs.

Storing keys: Safeguard keys in secure storage solutions to prevent unauthorized access.

Distributing keys: Ensure that keys are securely distributed to authorized users and systems.

Rotating keys: Regularly update cryptographic keys to maintain security.

Auditing key usage: Monitor and log the use of cryptographic keys to ensure compliance and detect potential issues.

Configuring policies: Define and enforce policies for key generation, storage, distribution, and rotation.

Troubleshooting issues: Address and resolve common problems in key management to maintain secure operations.



Seamless flexibility in the cloud and on-premises

Integrating systems with cloud key management solutions enhances the security and efficiency of cryptographic key management in the cloud.

The one-click cloud security solution: why banks and enterprises switching to AWS/Azure/Google choose Futurex Key Management Solutions (KMS) to manage encryption without breaking and replacing legacy systems.

7 KMS Functions - Futurex

Future-proof compliance and security

  • PCI HSM v3.0, FIPS 140-2 Level 3, eIDAS, GDPR, HIPAA, PCI-DSS, PCI-PIN, PQC, GDPR, LGDP, and more

The silent killer of compliance audits - Small configuration errors in your key management solutions (KMS) could put your company at risk of million-dollar fines, and that's why Futurex HSMs help orchestrate and automate compliance for worry-free security. If you don't have the expertise or time, let our team do it for you, from key managed services to full implementation and management.

 

See advanced KMS lifecycle - for secure automation management →

Futurex's advanced key lifecycle management helps to automate and streamline key generation, distribution, rotation, and revocation processes. This comprehensive solution ensures that your organization's cryptographic keys are securely managed throughout their entire lifecycle, enhancing security and compliance. With Futurex, you can trust that your keys remain protected and operational efficiency is maximized.

 

See KMS key distribution: for secure automated delivery → 

Futurex’s key distribution solutions automate the secure delivery of cryptographic keys to various applications and devices, ensuring efficient and error-free key management. This enhances security by reducing manual handling risks and supports compliance with industry standards. With Futurex, organizations can achieve reliable and scalable key distribution across their entire infrastructure.

 

See KMS in the cloud: for scalable data encryption → 

Futurex's cloud key management solutions securely manage encryption keys across various environments, providing seamless integration with cloud services. This approach ensures robust data protection, compliance with industry standards, and streamlined key management processes. With Futurex, your organization can confidently manage encryption keys in the cloud, maintaining security and operational efficiency.

 

See KMS for payments: for secure transactions → 

Futurex’s payment key management solution guarantees secure key generation, distribution, and injection for payment systems that comply with PCI DSS and EMV standards. This solution ensures that your payment infrastructure remains secure, reducing fraud risk and enhancing transaction integrity. Futurex's expertise in payment security helps safeguard sensitive financial data throughout the payment lifecycle.

 

See KMS for key injection: for IoT devices → 

Futurex’s IoT key injection solutions ensure that IoT devices have secure and scalable key provisioning. This protects the devices from unauthorized access and tampering and increases security for the entire device lifecycle, from manufacturing to deployment. With Futurex, organizations can keep their IoT ecosystems secure and trusted, providing strong protection for connected devices.

Verifone x Futurex Key Management Solutions - Key Injection

Futurex key management solutions protect the world's biggest brands

 

Enhanced security: Granular control over key life cycles lessens the risk of exposure, ensuring the integrity of your sensitive data.

Streamlined compliance: Automated archival and deactivation align with industry regulations and streamline audit processes.

Read this announcement, "Futurex and Verifone Partners to Secure Key Injection for Merchants Worldwide." 

Flexible integration: Seamlessly integrate the service into your existing infrastructure by using printed key blocks (or components) or webhooks to external systems.

Reduced operational overhead: Automated processes minimize manual key management tasks, saving time and resources.

Watch this on-demand video, "Unlocking the Future of POS Key Management for Competitive Advantage."

Enterprise Test: Why leading organizations trust Futurex

 

Case study: European payment processor: 90% cut in support costs.

→ More than 90 million transactions per day with Futurex encryption.

→ 13,000 ATMs and 400,000 POS systems supporting more than 3 million cryptographic symmetric keys.

 

Case study: EPX - 15 years of operation with Futurex HSMs.

→ More than 50 million transactions per day with Futurex encryption.

→ Seamless PCI compliance across three generations of hardware security modules (HSMs).


Futurex’s CryptoHub integration represents a significant step forward in simplifying secure key management for Verifone terminals. By aligning with PCI PIN 32-9, this partnership empowers our customers to confidently deploy cryptographic keys securely while upholding rigorous compliance and security requirements.


Case study: UK Bank: card issuance modernization on AWS .

→ Built 100% cloud-based banking encryption using Futurex hardware security modules (HSMs).

→ Enabled secure and instant personalization of cards without on-prem hardware.

Case study: Miura Systems - Remote key loading at scale.

→ Futurex reduced PCI compliance scope and encryption costs by 30%.

Cloud-based remote key loading(RKL) for millions of devices worldwide.

Futurex vs. the competition: Why businesses are changing

Comparison Table
 
Don't settle for outdated key management solutions.
Futurex outperforms its competitors in innovation, scalability, speed of deployment and ease of management.

Next steps: secure your data encryption strategy now.

 
  • Book a 30-minute consultation → Get a customized security roadmap.
  • Test Futurex with a proof of concept (PoC) → See how it really performs in your environment.
  • Quick and easy deployment On-premise, cloud or hybrid: whatever best suits your security needs.
  •  
  • Download integration guides
    Speak with a security expert

Talk to a security expert

 

Talk to a Futurex Security Expert about Strategic Cloud Security Investments

 

Frequently Asked Questions

What's the difference between encryption and key management solutions?

Encryption alters data into unreadable formats using algorithms, making it secure for storage or transmission. Key management solutions, however, focus on the lifecycle of the cryptographic keys that enable encryption: generating, storing, distributing, rotating, and retiring them securely. Encryption becomes vulnerable without effective key management solutions, as compromised keys can unlock protected data. Together, they form a robust cryptographic security framework, with KMS ensuring keys remain protected and compliant. 

Can a key management system work across multiple cloud providers?

Futurex's modern key management system supports multi-cloud environments, integrating with AWS, Azure, Google Cloud, and others via standardized APIs. 
 
This interoperability provides centralized key control and consistent policy enforcement across providers. It simplifies cloud key management by enabling secure key distribution and rotation in hybrid setups while ensuring compliance with data sovereignty regulations.  
 
With Futurex, organizations benefit from reduced complexity and greater flexibility across diverse cloud infrastructures. 

Does Futurex offer managed KMS services?

Futurex provides self-managed and fully managed key management services, offering oversight, scalability, and compliance maintenance. Managed options include 24/7 monitoring, automated updates, and expert support, ideal for organizations lacking in-house expertise.  
 
This service integrates hardware security module integration and supports on-premises, cloud, or hybrid KMS, ensuring seamless cryptographic security without the burden of daily operations. 

How does KMS handle quantum threats?

Key management solutions are evolving to include quantum-resistant cryptography, using algorithms immune to quantum attacks like Shor's. Future trends involve integrating post-quantum key generation and rotation into KMS encryption, protecting long-term data.  
 
Automated tools in a key management system monitor for vulnerabilities, ensuring seamless transitions. This proactive approach safeguards cryptographic security against emerging quantum computing risks

How does key lifecycle management work in a KMS?

Key lifecycle management in a key management system tracks keys from creation through usage, rotation, and destruction while enforcing policies at every stage.  
 
It includes anomaly monitoring, automated backups, and secure deletion to prevent recovery. These measures ensure compliance, minimize risks, and provide visibility through detailed audit trails. Enterprise key management further benefits from integrated tools that automate these processes for greater efficiency. 

How often should encryption keys be rotated?

Key rotation best practices recommend changing keys regularly based on sensitivity, usage, and regulatory requirements, typically every 30 to 90 days for high-risk keys. Frequent rotation limits the window of opportunity for attackers if a key is compromised.  
 
Automated KMS encryption tools enforce these schedules, aligning with encryption compliance standards like PCI DSS, which mandates rotation for payment keys. Factors like threat intelligence and audit logs should guide adjustments to maintain optimal cryptographic security. 

What industries require KMS the most?

Industries such as financial services, healthcare, government, retail, and cloud providers rely heavily on key management systems due to the sensitive data they handle and strict regulations.  
 
Finance needs KMS for secure payment processing under PCI DSS; healthcare for HIPAA-compliant patient data encryption; government for classified information protection; retail for customer data in eCommerce; and cloud providers for multi-tenant encryption.  
 
These sectors use KMS encryption to mitigate risks, ensure compliance, and maintain trust. 

What is the role of HSMs in key management solutions? 

Hardware security modules (HSMs) enhance key management solutions by providing tamper-resistant environments for key generation, storage, and operations. HSM integration prevents keys from being exposed in software, supporting symmetric and asymmetric key management with high-speed processing.  
 
In KMS encryption, HSMs ensure compliance with standards like FIPS 140-3, reducing risks from physical or logical attacks.  
 
Futurex's solutions combine HSMs with KMS to provide comprehensive enterprise key management.

What are the best practices for secure key distribution in KMS?

Secure key distribution in a key management system involves using encrypted channels, authentication protocols, and access controls to deliver keys only to verified entities.  
 
Best practices include limiting distribution to a need-to-know basis, auditing transfers, and integrating with zero-trust models. In cloud key management, APIs ensure interoperability, while hardware security module integration adds layers of protection. Regular reviews align with key management policies for ongoing security.

What integration tools does Futurex offer developers and IT teams?

We provide full developer support, including vendor-independent APIs, SDKs and scripting libraries such as Futurex Client Library (FXCL) and FXCLI. You can integrate our HSMs with platforms such as Oracle, Microsoft, VMware and Check Point, or create custom applications using common libraries such as PKCS #11 and Java. Our web-based GUI and remote tools such as Excrypt Touch make configuration and key loading intuitive and efficient.