Crypto CurrenciesKudelski Security Completes Security Assessment of Crypto.com Exchange

FTB News Desk FTB News DeskDecember 3, 20194 min

External security assessment proves ongoing commitment to security in the cryptocurrency space

Crypto.com, the leading payments and cryptocurrency platform is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have Cryptocurrency Security Standard Level 3, ISO 27001:2013 and PCI: DSS 3.2.1, Level 1 compliance.

With the experience of over 50 years in engineering and cryptography to turn security into a powerful business enabler, Kudelski Security‘s recently launched Blockchain Security Center (BSC), offers a suite of services, including cryptography expertise, to the blockchain crypto, developer, exchange, and enterprise community.

Crypto.com completed a detailed security assessment, which included external penetration testing, threat modeling through to risk control reviews. In addition to their own extensive analysis, Crypto.com engaged the Kudelski Blockchain Security Center to conduct a thorough external security test and full threat modeling exercise to ensure the completeness of their security controls.

Andrew Howard, CEO of Kudelski Security said “We consider Crypto.com a critical project and an example of a fully transparent company that operates its exchange and crypto offerings with security and data privacy at the forefront. Through our collaboration, we were able to resolve any found vulnerabilities, showing the value that exchanges can derive from partnering with a comprehensive security company. Programs built upon NIST Cybersecurity Framework or similar compliance, standards, and testing have proven to be successful within traditional banking communities and as the crypto market matures, it’s great to see Jason and Crypto.com leading mature adoption of security practices.”

Chief Information Security Officer of Crypto.com, Jason Lau stated “An important component of any cybersecurity strategy is to engage with external security auditors to provide additional assurance.   Security threats can come from many different areas, and my philosophy is to work with the best in the industry to help safeguard our systems, and further shows our commitment to cybersecurity in the crypto-space. ”

Co-Founder and CEO of Crypto.com, Kris Marszalek said “Crypto.com is already CCSS (Level 3), PCI-DSS (Level 1) and ISO 27001:2013 compliant. Assurance by Kudelski Security is yet another step to safeguard out the platform. We will continue investing heavily in our technology, employees, and processes to maintain the highest standard of security in the industry.”

FTB News Desk

FTB News Desk

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