A key management System is basically the management of cryptographic keys in a cryptographic system. It deals with the creation, exchange, storage, use, and exchange of keys, if necessary, at the user level. The key management system also includes key servers, user procedures, and protocols, including the design of cryptographic protocols. The security of a cryptosystem depends on the success of key management. Hence, Key Management plays a crucial role in Data Security.
There are many reasons why a key management system can be used. Typically, key management systems are used to control access to sensitive data or systems. This ensures that only authorized users can access the data or system in question. In addition, a key management system can help keep records of who accessed what data and when. This can be useful if something goes wrong and you need to find out who is responsible. Finally, a key management system can also help automate granting and revoking access to data or systems. This can help save time and ensure access is managed properly.
There are four main phases of a Key Management System:
1. Identification and authentication: To gain access to the key management system, users must first be identified and authenticated. This usually involves some form of the registration process, e.g. B. Enter username and password.
2. Key Generation: Once users are authenticated, they can generate keys. This key can be used to encrypt data or grant access to specific resources.
3. Key storage and management: Keys must be stored and managed securely to prevent unauthorized access. This usually involves storing keys in a central location and granting permissions to specific users.
4. Key Destruction: Keys that are no longer needed must be destroyed properly so they don't fall into the wrong hands.
Key Management System is mostly used in Corporate, Healthcare, Banking and Financial Sectors respectively. Since these sectors hold the most crucial Data it needs to be protected and managed Well. As Cyber Attacks in today’s world are increasing by multi-folds it is Crucial to safeguard and manage Sensitive Data.
To Know more about Key Management systems You can read our Blog on Everything you need to Know about Key Management systems. For any further queries regarding Key Management System contact us at info@anveshvision.com or call us at +91- 9818221255.
