CRED, a leading fintech company, has positioned itself as a trailblazer in the realm of cybersecurity. Recognizing the critical importance of data protection in the financial sector, CRED has embraced a security-first approach that permeates every aspect of its operations.

The CRED Security Philosophy

At the core of CRED’s data protection strategy is the belief that there are no “in-betweeners” when it comes to prioritizing security. The company firmly aligns itself with organizations that consider security of utmost importance, especially given the sensitive nature of customer and business data they handle.

Cultivating a Security-First Mindset

CRED has implemented a comprehensive plan to foster a secure culture within the organization:

Security Awareness Programs: The company incorporates security training into its onboarding process and conducts regular Capture The Flag (CTF) challenges to educate employees about potential security vulnerabilities.

Continuous Learning: CRED keeps its team informed about the latest developments in cybersecurity through regular updates and infographics, ensuring that security remains at the forefront of everyone’s mind.

In-House Security Tools: To mitigate risks associated with online services, CRED has developed proprietary tools such as an internal pastebin and JSON validator, reducing reliance on potentially vulnerable external platforms.

Making Security Accessible

CRED understands that for security measures to be effective, they must be easily adoptable:

Security Dashboard: The company has created a centralized platform that serves as a one-stop resource for all security-related information and tools.

Automation: CRED leverages Security Orchestration, Automation, and Response (SOAR) to streamline processes and reduce the burden on security professionals.

Collaborative Security Approach

CRED recognizes that security is a collective responsibility:

Developer Best Practices: The company has established and promotes security best practices for its development team.

QASec Team: CRED has expanded the role of its Quality Assurance team to include security testing, effectively creating a QASec team that serves as an extension of the security department.

Future-Proofing Security

CRED acknowledges that building a robust culture is an ongoing process. The company is committed to:

• Continuously strengthening its security practices
• Adapting to new technologies and scaling challenges
• Regularly reviewing and updating internal processes

By prioritizing and fostering a culture of cybersecurity excellence, CRED demonstrates its commitment to protecting sensitive data and maintaining customer trust in an increasingly digital financial landscape.

Explore similar topics in our newletter here.

Read more about the topic here.