Which AWS service can help manage encryption keys in compliance with regulation standards?

AWS Key Management Service (KMS) is specifically designed to help manage encryption keys, making it a robust solution for organizations that need to comply with various regulatory standards. KMS allows users to create, control, and manage cryptographic keys across AWS services and in their own applications. It simplifies the process of key management, ensuring that sensitive data is encrypted, while also allowing organizations to maintain compliance with standards such as PCI-DSS, HIPAA, and others.

KMS provides features such as key policies, IAM policies, and grants to control access to keys, allowing for fine-grained permission models that meet regulatory requirements. The service also integrates with other AWS services to automate encryption processes, making it easier for users to adhere to compliance mandates. Additionally, KMS supports logging capabilities via AWS CloudTrail, which helps track the usage and management of keys, providing an audit trail necessary for compliance audits.

In contrast, AWS IAM focuses on managing user access and permissions rather than on key management itself. AWS CloudTrail provides logging of API calls made on your account to help with auditing and compliance but does not manage encryption keys. AWS WAF is a web application firewall that helps protect applications from common web exploits and is not related to key management or compliance standards.