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Cybersecurity Assessment for Finstore Company

Industry
Fintech
location
UAE
Industry
Fintech
location
UAE
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story behind

When Finstore approached us, they expressed concerns despite having undergone previous security assessments. They sought a fresh evaluation to ensure no vulnerabilities were overlooked that could compromise their digital bond issuance platform. Understanding the criticality of their request, we committed to conducting a comprehensive security assessment covering their primary web application, external network, and internal security policies.

  • Internal Security Audit
  • Web App Penetration Testing
  • External Network Penetration Testing
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Challenges & solutions

Network Security
number

Problem

The external network is susceptible to potential breaches due to outdated software and poor configurations.

Solution

Update and patch all software, reconfigure network services following security best practices, and implement robust firewall and intrusion detection/prevention systems.

Network Security
Internal Security Policies

Internal Security Policies
number

Problem

Existing policies are inadequate to address current security threats and incident responses.

Solution

Update information security policies, develop a comprehensive incident response plan, and conduct regular security awareness training for employees.

Critical business logic flaws were identified
number

Problem

The web application contains logic vulnerabilities that could be exploited to undermine the integrity and security of transactions.

Solution

Implement strict input validation, enhance session management, and conduct regular code reviews and security testing.

Critical business logic flaws were identified

proccess

Crystal clear process

Agile methodology forms the cornerstone of our work philosophy. Through a seamless blend of innovative practices, including regular demos, comprehensive progress tracking, and a unique pay structure based on hours invested, we've constructed a workflow that ensures optimal outcomes and client satisfaction.

discovery
design
development
Testing
Launch
Maintenance
Conduct market research
UX Research
Components
Perform integration testing
Address issues in staging environment
Audience analysis
Moodboards
Develop UI components
Test personalized algorithms
Monitor customer satisfaction
Identify key features
Prototyping
API integrations
Deploy to production
Gather user feedback
Define project scope
UI Design
Implement custom features
Address and fix bugs
Updates and improvements

features

Assessment Approach

Web App Penetration Testing

We began by conducting a thorough black box penetration test on Finstore's primary web application. This involved reconnaissance to gather information, automated vulnerability scanning, and meticulous manual testing to uncover intricate business logic flaws. Our approach aimed to simulate real-world attack scenarios to identify vulnerabilities that automated tools might miss.

External Network Penetration Testing

Our team assessed Finstore’s external network infrastructure by performing reconnaissance to map the network perimeter. Using a combination of automated tools and manual exploitation techniques, we identified multiple gaps such as outdated software and misconfigured network services.

Internal Security Audit

We reviewed and audited Finstore’s information security policies and procedures. This involved interviewing key personnel, analyzing documentation, and evaluating the effectiveness of existing security controls. Our findings highlighted several policy gaps and vulnerabilities in internal security practices.

project team

Launch, accelerate and support your business with our teams

Vasily
Vasily
Backend
Expertise
Software Engineer with experience React and PHP as well as in Solidity development.
PHP
Laravel
React
JQuery
Node.js
HTML5
Valeria
Valeria
PM
Expertise

Experienced PM skilled in analysis for informed decision-making and improved operational efficiency.

Monday
Jira
Gantt
Scrum
Kanban
Yauhen
Yauhen
Business Analyst
Expertise
Experienced BA skilled in interpreting complex data for informed decision-making and operational efficiency.
BPMN
US
Gantt
Kanban
Scrum
UML
Yan
Yan
QA
Expertise
Experienced QA Engineer with a strong background in Cypress and Selenium automation testing.
Postman
Selenuim
Bamboo
Python
ADB
results

During the accessment critical business logic flaws were found. We identified gaps in Finstore’s information security policies, suggesting updates to policies, development of a comprehensive incident response plan, and regular security awareness training for employees.

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Vitaly Kovalev

Vitaly Kovalev

Sales Manager

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