AWS CloudHSM and AWS KMS are both used to manage encryption keys, but they serve different needs. Let me differentiate for you:
| Feature | 
AWS CloudHSM | 
AWS KMS | 
| Encryption Type | 
Hardware-based encryption with dedicated HSMs | 
Managed encryption by AWS | 
| Control Level | 
Full control of encryption keys | 
 Limited control; AWS manages storage  | 
| Compliance Level | 
Best for strict compliance (FIPS 140-2 Level 3) | 
Suitable for general encryption needs | 
| Key Management | 
User manages keys manually | 
AWS manages key lifecycle with permissions | 
| Cost | 
Higher cost due to dedicated hardware | 
Lower cost, pay-as-you-go for key usage | 
| Ideal Use Case | 
High security, full control | 
Easy integration with AWS services |