A key management system is a set of policies, procedures, and
technologies designed to securely generate, distribute, store, and revoke
cryptographic keys. It is essential for ensuring the confidentiality and
integrity of sensitive information in various systems. Key management systems
are widely used in secure communication protocols, digital signatures, and
encryption mechanisms to protect data from unauthorized access or tampering.
They enable the secure storage and retrieval of cryptographic keys, facilitate
key exchange between parties, and play a crucial role in maintaining the
overall security of cryptographic systems across different industries such as
finance, healthcare, and communications.