External Security Assessment Proves Ongoing Commitment to Security in the Cryptocurrency Space
Crypto.com, the pioneering 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 over 50+ years’ experience 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, exchange, developer, and enterprise community.
Crypto.com completed a detailed security assessment, which included external penetration testing, threat modelling 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 Securitysaid: “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.”
Jason Lau, Chief Information Security Officer of Crypto.com said: “A key 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. ”
Kris Marszalek, Co-Founder and CEO of Crypto.com 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 platform. We will continue investing heavily in our people, technology, and processes to maintain the highest standard of security in the industry.”