Hardening HSMs for Banking-Grade Crypto Wallets
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Black Hat USA 2024 · Day 1 · Briefing
In an era where digital assets represent significant value, the security of cryptographic keys underpinning these assets is paramount, especially for financial institutions managing billions of dollars. This talk, "Hardening HSMs for Banking-Grade Crypto Wallets," delivered by JP Aumasson and Shervine Majeri, delves into the critical role of Hardware Security Modules (HSMs) in safeguarding virtual money, including cryptocurrencies like Bitcoin, tokenized securities, and stablecoins. The presentation targets the high-assurance security needs of banks and large financial entities, offering practical, battle-tested strategies for deploying and hardening HSMs to protect these valuable assets.