Use case
Cost-Efficient and Secure Secret Management with AWS Secrets Manager
- Chirag Sharma
About the Customer
Finariq helps financial institutions serve merchants at scale, ensuring compliance with card schemes, preventing fraud, and reducing operational costs. Finariq empowers global payment companies and marketplaces by simplifying onboarding, underwriting, and risk management for merchants, sellers, transactions, and products. With an open-source foundation, Finariq offers flexibility for companies to tailor the platform to their specific needs, ensuring seamless integration and effective risk mitigation.
Customer Challenge
Finariq faced several challenges while using Hashicorp Vault for secret management:
- High operational costs due to daily expenses of $15 for using Hashicorp Vault.
- Complexity in managing secrets across the platform, leading to potential security vulnerabilities.
- Scalability concerns as the platform grew, with increasing difficulty in handling secret management efficiently.
If these challenges were not addressed, the high operational costs could have impacted profitability, and the complexity in managing secrets could have led to security risks or operational bottlenecks.
Solution
IAMOPS transitioned Finariq from Hashicorp Vault to AWS Secrets Manager, an AWS-native solution designed for secure and scalable secret management. The transition involved developing a new module in Pulumi using TypeScript and the AWS SDK, enabling seamless integration with the existing AWS ecosystem. The new solution allowed secrets to be fetched dynamically based on the application’s requirements.
AWS Secrets Manager offered several advantages, including compatibility with other AWS services, streamlined integration, and simplified operational workflows. By leveraging AWS-native tools, Finariq benefited from enhanced security features, ensuring that secrets remained secure without requiring additional overhead.
During the migration, IAMOPS provided support at every stage, from initial design and development to testing and deployment. Post-migration, IAMOPS continued to offer monitoring and optimization services, ensuring that the AWS Secrets Manager integration operated efficiently and cost-effectively.
Results & Benefits
The transition from Hashicorp Vault to AWS Secrets Manager resulted in significant cost savings, reducing secret management expenses by more than 95%. This solution not only lowered operational costs but also improved the efficiency of secret management with AWS-native tools, reducing complexity and overhead.
In addition to cost savings, Finariq experienced enhanced security through AWS’s robust secret management features. The seamless integration of AWS Secrets Manager with other AWS services allowed for more efficient operations and reduced the potential for errors.
About IAMOPS
IAMOPS is a full DevOps suite company that supports technology companies to achieve intense production readiness.
Our mission is to ensure that our clients’ infrastructure and CI/CD pipelines are scalable, mitigate failure points, optimize performance, ensure uptime, and minimize costs.
Our DevOps suite includes DevOps Core, NOC 24/7, FinOps, QA Automation, and DevSecOps to accelerate overall exponential growth.
As an AWS Advanced Tier Partner and Reseller, we focus on two key pillars: Professionalism by adhering to best practices and utilizing advanced technologies, and Customer Experience with responsiveness, availability, clear project management, and transparency to provide an exceptional experience for our clients.
