- In April 2025, Thales, a global leader in data protection and cybersecurity, launched a new version of its CipherTrust Data Security Platform, which includes enhanced key lifecycle management, support for hybrid and multi-cloud environments, and improved integrations with public cloud providers like AWS, Azure, and Google Cloud. The update aims to help enterprises strengthen data sovereignty and simplify centralized encryption key governance.
- In March 2025, IBM announced advancements to its IBM Cloud Hyper Protect Crypto Services, enabling customers to manage their own encryption keys using FIPS 140-2 Level 4 certified hardware. This development provides enterprises, especially in regulated industries, with a higher degree of trust and compliance in cloud-based data protection.
- In February 2025, Amazon Web Services (AWS) expanded the capabilities of its AWS Key Management Service (KMS) by introducing support for external key stores (XKS). This allows organizations to use their on-premises key management infrastructure with AWS services, addressing regulatory and residency concerns for sensitive data.
- In November 2024, Google Cloud enhanced its Cloud External Key Manager (EKM) by enabling integration with third-party hardware security modules (HSMs), allowing customers in finance and government sectors to maintain full control over encryption keys outside Google infrastructure, thus increasing trust in cloud migrations.



