The widespread use of digital and cryptographic credentials such as digital certificates raises the security bar for credential management systems. Authorities must be able to create and revoke credentials as customers and employees come and go or simply change roles, and as business processes and policies evolve. Furthermore, the rise of privacy regulations and other security mandates increases the need for organizations to demonstrate the ability to validate the credentials and identity of online consumers and internal privileged users. Deploying a sound credential management system—or several—is a critical step in the process of securing your systems and information.
More than: https://www.entrust.com/digital-security/hsm/solutions/use-case/credentialing-and-pki-applications/credential-management