Crypto Management - HSM

Unlocking Value through Crypto Asset Management

As digital assets continue to reshape the financial landscape, organizations are exploring new ways to manage, secure, and optimize their crypto investments. Crypto Asset Management enables institutions to efficiently manage cryptocurrencies, blockchain-based assets, and emerging digital financial products while ensuring transparency, security, and operational control. By leveraging innovative technologies and modern asset management practices, businesses can unlock new opportunities for growth, liquidity, and long-term value creation in the digital economy.

Business Need

Our client, one of India's leading public sector banks, sought to modernize its card security infrastructure by transitioning from a paper-based PIN delivery process to a secure web-based PIN issuance and management solution. The bank required a high-performance cryptographic framework capable of processing up to 1,600 Triple DES PIN block transactions per second, while ensuring the highest levels of security for customer and banking data. The solution also needed to support Hardware Security Module (HSM)-based key management, including master, application, and session keys, along with robust PIN encryption, PIN authorization, and message authentication capabilities based on industry-standard DES and Triple DES cryptographic algorithms.

Solution Delivered

The solution included SafeNet Luna EFT 60 TPS HSMs for PIN generation and management, along with SafeNet Luna EFT 1200 TPS HSMs to support high-volume ATM card and OTP transaction processing. By leveraging dedicated HSM infrastructure, we enabled secure cryptographic key management, PIN encryption, authorization, and high-performance transaction processing while meeting the bank's stringent security and scalability requirements.

Business Impact

Customers gained instant access to PIN services without the delays associated with traditional mail-based delivery, while the bank benefited from reduced operational costs and improved resource utilization. Backed by PCI-HSM-certified, tamper-resistant hardware and secure audit logging capabilities, the solution delivered the highest levels of cryptographic security, compliance and trust.