Suhyup Bank’s NEXTRO project aims to establish an improved financial system for the bank and is due for completion in October 2011.
Thales HSM 8000 is designed specifically to meet the needs of the payments industry with cryptographic support for the issuance of payment cards and the switching and authorization of transactions.
Fully compliant with the financial industry’s security audit requirements HSM 8000 is certified to FIPS 140-2 level 3, a widely recognized security standards.
Suhyup Bank deputy general manager Ho-Ik Kim said that the addition of Thales HSM 8000s will provide the powerful cryptographic facilities that are needed to secure the bank’s financial transactions.
“As a result transaction processing and customer card transaction information will be better protected from both internal and external security threats,” Kim said.
