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Kudelski launches a Blockchain Security Center

Kudelski Security, the cybersecurity division of the Kudelski Group based in Cheseaux-sur-Lausanne, has announced the launch of its Blockchain Security Center (BSC), making available its cryptography expertise to the rapidly evolving blockchain developer community.

Blockchain
This new Kudelski Security service aims to overcome the lack of security in the blockchain applications, processes and systems.

Expanding upon the Vaud-based 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.

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.”

30 years of experience at the service of blockchain

“It’s a myth that blockchain is inherently secure,” said Scott Carlson – former director of systems security strategy at PayPal and CISO, 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.”

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