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Why Financial Service Companies Are Turning to Cloud PKI
Financial institutions are increasingly shifting PKI to the cloud as the complexity, scale and cost of managing on‑premises certificate infrastructures become unsustainable. While PKI remains the core technology for authenticating users, devices and applications, organizations often struggle with issuing, renewing and monitoring tens of thousands of certificates. Cloud-based PKIaaS removes this burden by offering fast deployment, simplified management and predictable pricing through a managed SaaS model. PKIaaS enhances speed, agility, security and compliance while supporting Zero Trust architectures and securing remote work, virtual desktops and machine-to-machine communication. Highly regulated industries can maintain control by using hybrid models that keep private root keys onsite while leveraging cloud management. HID’s PKIaaS exemplifies this approach, giving institutions strong security without the operational overhead, ultimately improving trust and resilience in an industry with elevated breach risk.
January 17, 2023 • Mrugesh Chandarana