Blockchain Business News

Kudelski Security Expands Specialized Partner Ecosystem

Kudelski Security Expands Specialized Partner Ecosystem

New Partners Enable the Company to Meet Increasing Enterprise Demand for Security-by-Design in Privacy-Enabled Solutions

Kudelski Security, the cybersecurity division of the Kudelski Group announced a major expansion to its partner ecosystem to meet growing demand for increased product security and privacy applications using the company’s expertise with cryptography, blockchain development and IoT systems deployment. The launch of Kudelski Security’s Blockchain Security Center in January last year, formalized the company’s approach to meet a steady increase in requests for code audits, assessments, and secure code development.

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The viability and success of the growing number of systems leveraging blockchain-related technologies depends on the security of both the systems, the supply chain they rely on, and the data they transmit. As more organizations understand the importance of security, and the need to leverage emerging technologies to successfully navigate the fourth industrial revolution, the call from business leaders for advanced security services will only increase.

“As digital business transformation initiatives accelerate, we are seeing a growing demand for our security by design expertise. Our strategy to meet this need has been to build out a global partner network of specialized expertise that complements our strengths in cryptography, IoT, and blockchain,” said Kudelski Security CEO Andrew Howard. “Our expanded bench of partners work with us to bring additional hardware and software expertise in supply chain security, full-stack exchange testing, smart contract auditing, cryptography, and legal smart agreements.”

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Most recently, Kudelski Security successfully completed an industry-leading security assessment on the crypto exchange of Crypto.com, a major digital asset trading platform that is among the first to spearhead a security-by-design approach to its offering.

Speaking on the assessment, Crypto.com CISO Jason Lau said: “Engaging with Kudelski Security in the assessment provides additional assurance that our systems are safeguarded from multiple cyber threats and indicates to users and investors that our commitment to cybersecurity in the crypto space is absolute.”

The assessment also sets an important industry benchmark in exchange security and aims to encourage other digital asset trading platforms to address the weaknesses inherent in centralized systems with a single point of failure.

“As more users begin trading in cryptocurrencies, it is extremely important to perform testing at levels similar to the most secure banking environments,” said Scott Carlson, head of Kudelski Security’s Blockchain Security Center. “As machine-driven interactions increase in our lives, particularly with our private and personal data, systems must be designed with security in mind from the very beginning.”

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