MYHSM has announced Payment HSM as a service will now be available via an additional cloud aggregator, Cyxtera, a global specialist in data centre colocation and interconnection services.

This collaboration will see MYHSM’s equipment hosted in three new and highly connected data centres located in North Virginia, Singapore and Amsterdam, and will use Cyxtera’s service exchange platform which provides on-demand colocation and connectivity services. 

Through the new strategic partnership, payment companies around the world can outsource their Payment HSMs to a fully managed, cloud-based, cost-effective subscription service in-region whilst maintaining full PCI PIN compliance in addition to leveraging Cyxtera’s fast-growing digital ecosystem of network, service, cloud and storage providers.

John Cragg, CEO at MYHSM, commented: “Our collaboration with Cyxtera is a fantastic milestone for our growth and expansion plans to deliver our global Payment HSM Service and fulfil the increasing demand for cloud deployment. 

“This partnership allows for companies to migrate from legacy infrastructure to a fully managed, PCI PIN compliant service and benefit from a cloud payments strategy. With data centres located around the world, customers of MYHSM and Cyxtera can take advantage of an unrivalled level of service without any barriers to business growth.”

MYHSM works seamlessly with any public cloud providers and supports a full cloud adoption strategy with test, shared or dedicated Payment HSM service options. 

Mitch Fonseca, Senior Vice President and General Manager of Data Centre Services at Cyxtera, added: “We’re excited to deliver the highly connected, secure and reliable data centre platform MYHSM needs to deliver their innovative solutions to customers around the world. MYHSM joins a global ecosystem of enterprises and service providers that leverage our world-class team and facilities to manage their critical IT infrastructure.”

Expert Analysis: The partnership comes as data security takes on heightened security through the COVID pandemic, this was also evident through the US election as protecting data proved pivotal in providing an accurate and democratic process.