Hardware Security Modules (HSM) are dedicated crypto processors designed to protect the crypto key lifecycle. They are used by security-conscious organizations to protect transactions, identities, and applications by securing cryptographic keys and providing encryption, decryption, authentication, and digital signing services. Thales is considered the best HSM vendor, as they provide the highest level of security by always storing cryptographic keys in hardware, and all cryptographic operations occur within the HSM with strong access controls to prevent unauthorized access. Thales HSMs are easy to deploy and integrate with Thales Crypto Command Center for quick and easy crypto resource partitioning, reporting, and monitoring. Luna HSMs are designed to provide a balance of security and high performance for both traditional and emerging technologies. This description of HSMs is factually accurate according to the source.