Kudelski
Security
launched its Blockchain Security Center (BSC), making available
its cryptography expertise into the rapidly evolving blockchain developer community.
Expanding upon the company's security services, the BSC will provide new
offerings and has a concrete roadmap to develop foundational technologies that
help integrate security into and around blockchain solutions for enterprises and within
public/private sectors.
Blockchain has the potential to revolutionize
business capabilities, creating new avenues of efficiency and supercharge
technology applications across all industries and sectors. As applications for
this technology accelerate, Gartner predicts blockchain-enabled
business to reach $3.1 trillion by 2030.
Speaking on the launch of the BSC,
Rich Fennessy, CEO of Kudelski Security said "Enterprises are exploring the
technology in earnest, and new blockchain-based
solutions are being developed every day. Leveraging our cryptography expertise
and experience in blockchain security consulting, we have made it
our mission to improve blockchain security so that emerging solutions
enhance overall enterprise cybersecurity, rather than generate new
vulnerabilities."
With more than 30 years' experience
in cryptographic design from silicon up to software and development, past work
within this space includes public blockchain coin design and implementation, point
of sale technology development, detailed audits of application code, protocol
creation and cryptographic algorithms for major industry players in the crypto
currency, digital communications and IoT markets. Several of our latest
efforts, which are publicly available, include:
Speaking on
their contribution to this technological revolution, Andrey Kurennykh, founder & CTO of
Tangem said: ""The Kudelski
Security team played an important role in auditing every aspect of our
smartcard wallet code. With their defense-in-depth approach to security, they
provided in a timely and professional way, the adequate defenses to deliver our
solution to the market with confidence".
Additionally, the Kudelski BSC will
develop a suite of expanded cryptographic solutions, full-stack enterprise blockchain security recommendations, and
developer tools to support the entire blockchain ecosystem. This will give greater
confidence to officers, investors, engineers, and blockchaindevelopers to design, build
and run secure applications using this exciting new technology.
"It's a myth that blockchain is inherently secure," said Scott
Carlson - former director of systems security strategy at PayPal and CISO of blockchain-based financial system
Sweetbridge, now responsible for spearheading Kudelski Security's security
efforts in the blockchain space. "While transactions on a blockchain are protected by proven mathematics,
security is quite often forgotten and not necessarily integrated into the
associated applications, processes, systems and technology. This is where we
come in. We help companies operating in the digital finance, communications and
IoT space secure their products using tested methodologies and common sense
approaches, to deliver better performance and greater trust to the end user. We
do not simply look at the code; we work with the entire set of components
present with an ecosystem of manufacturers, end-users, enterprises, and
code-creators."