Crunchfish Digital Cash passed security review

Why Penetration Testing and Assessments Should Include Real-World Scenarios  - Delta Risk

 

As an integral part of the Software Development Lifecycle, Crunchfish focus on security aspects to prevent malicious attempts of fraud or double spending. Outpost24 offers cybersecurity services and were engaged to audit and attack the Crunchfish Digital Cash SDK to assess the product’s susceptibility to vulnerabilities.

 

The result of the security review has been summarized by Outpost24: “After extensive testing of the Crunchfish Digital Cash SDK it can be concluded that no high or medium risks have been found within the allocated time of testing. The implemented Trusted Application provides adequate security measures to prevent tampering of the different methods in use by the Digital Cash API.”

 

This penetration test complements previous tests by third parties that have been conducted. The latest test was done as part of the HDFC Bank pilot project in RBI’s Regulatory Sandbox. The Crunchfish Digital Cash SDK is available for customer download through the Crunchfish developer portal.

 

“We are continuously focusing on security and remediation of possible product vulnerabilities. Having an independent expert such as Outpost24 auditing the Digital Cash SDK is valuable and provides us with insights that will further enhance the product. As security is a moving target, we will continue our focus in this domain.”, says Rutger Petersson, R&D Director at Crunchfish Digital Cash.

 

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

This information was provided by the contact person above for publication on 22 February 2023 at 13:00 CET.

 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

 

About Crunchfish – crunchfish.com

Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

 

 

Datum 2023-02-22, kl 13:00
Källa Cision
SAVR är investeringsplattformen som utmanar branschen och gör det både enklare och roligare att investera. Betala aldrig för mycket! Alla aktier och ETF:er från 1 kr, och få upp till 50 % rabatt på alla fonder. Automatiskt courtage och samma enkla prismodell på alla marknader.
Investeringar i värdepapper och fonder innebär alltid en risk och det är inte säkert att du får tillbaka det investerade kapitalet