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 |