| Is there anyone here who actually thought cloud provider HSMs were secure against the provider itself or whatever nation state(s) have jurisdiction over it? It would never occur to me to even suspect that. I assume that anything I do in the cloud is absolutely transparent to the cloud provider unless it's running homomorphic encryption, which is still too slow and limited to do much that is useful. I would trust them to be secure against the average "hacker" though, so they do serve some purpose. If your threat model includes nation states then you should not be trusting cloud providers at all. |