LR pixel

Penetration Testing Services for Fintech

Altcoinomy

CYSEC LAB provided advanced penetration testing services for Altcoinomy to identify and address vulnerabilities in an KYC/AML platform, to protect client data.

EXEC. SUMMARY

INDUSTRY

Fintech

Size

< 10

Business Challenge

Ensure their KYC/AML platform was secure before go-live

Solution

CYSEC LAB web-application penetration testing services

Customer

Altcoinomy is a Swiss-based fintech company that specializes in cryptocurrency due diligence and institutional trading. Altcoinomy operates an OTC trading desk where it gets clients best pricing on trades. A core part of their operations is the onboarding platform, an online KYC/AML platform facilitating the onboarding of participants in blockchain projects.

Challenge

Trust is a major growth driver in fintech. Applications need to be secure,
robustand available at all times or they risk losing credibility.
Prior to launching their KYC platform, Altcoinomy chose to test and
assess the security of its application and thus contacted the CYSEC LAB
for support.

Engagement

CYSEC security engineers performed a web-application penetration testing on the KYC platform within the staging environment.

Outcomes

CYSEC successfully identified security issues in the KYC platform and confirmed their remediation, thus eliminating the risks before the market launch.