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Hardware Security Modules (HSMs) are in plentiful supply, they're not new and the OP seems to have swallowed a bit of the Apple KoolAid from the description of the M7 being 'revolutionary'.

This is simply another HSM implementation, and no, they don't stop hackers, there are plenty other exploits to go for.

(For one example hhttps://www.nxp.com/products/identification-and-security/sec...)

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I was brainwashed by the "Security Now" podcast --- I will trust the HSM that is open to any security researchers to do extensively study/review more than typical "security by obscurity" implementations.

this is a far cry from an HSM. an HSM provides much better protection than an enclave, but it can do much less.

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