Embodiments relate to negotiating a session key to secure a user session executed in a host computer. An electronic hardware security module (HSM) located in the host computer generates a first session key. A smart card generates a second session key that matches the first session key. An encrypted copy of the second session key is communicated to an electronic host application module installed in the host computer. The electronic host application module decrypts the encrypted session key to obtain a copy of the session key such that the first and second session keys possessed by the smart card, the host application module and the HSM match one another.