Back to Home

1. Audit Overview

Security auditing is a critical component of Cryptoffsize's security strategy. We employ multiple types of audits, both automated and manual, internal and external, to ensure comprehensive security coverage.

1.1 Audit Objectives

• Vulnerability Identification: Discover security weaknesses before attackers do
• Compliance Verification: Ensure adherence to security policies and standards
• Risk Assessment: Evaluate and prioritize security risks
• Continuous Improvement: Identify areas for security enhancements
• Incident Prevention: Proactively prevent security breaches

2. Audit Schedule

Audit Type	Frequency	Scope
Automated Vulnerability Scanning	Weekly	All web applications and infrastructure
Code Security Review	Every Deployment	All code changes before production
Internal Security Audit	Quarterly	Comprehensive system review
Penetration Testing	Annual	Full platform security assessment
Configuration Review	Monthly	Server and application configurations
Access Control Audit	Quarterly	User permissions and admin access

3. Types of Security Audits

3.1 Automated Vulnerability Scanning

✓ Automated Weekly

We use industry-leading vulnerability scanners to automatically detect security issues:

• Web Application Scanning: OWASP Top 10 vulnerabilities
• Infrastructure Scanning: OS and service vulnerabilities
• Dependency Scanning: Known vulnerabilities in libraries and frameworks
• Configuration Analysis: Misconfigurations that could lead to breaches
• SSL/TLS Testing: Certificate and protocol security

Vulnerability Severity Classification:

• Critical: Immediate threat - Fixed within 24 hours
• High: Serious risk - Fixed within 7 days
• Medium: Moderate risk - Fixed within 30 days
• Low: Minimal risk - Fixed in next release cycle

3.2 Manual Code Review

✓ Manual Every Deployment

Every code change undergoes security review before deployment:

• Peer Review: At least 2 developers review each pull request
• Security Checklist: Standardized checklist for common vulnerabilities
• SAST Tools: Static Application Security Testing integrated in CI/CD
• Sensitive Data Review: Ensure no hardcoded secrets or credentials
• Input Validation: Verify all user input is properly validated and sanitized

Code Review Focus Areas:

• SQL injection vulnerabilities
• Cross-Site Scripting (XSS)
• Authentication and authorization flaws
• Insecure cryptographic implementation
• Information disclosure
• Business logic flaws

3.3 Penetration Testing

✓ External Annual

Annual penetration testing by certified security professionals:

• External Pentest: Simulated attack from internet-facing perspective
• Internal Pentest: Simulated attack from compromised internal system
• Social Engineering: Test employee awareness and response
• Red Team Exercises: Multi-faceted attack simulations

Penetration Testing Methodology:

1. Reconnaissance: Information gathering and attack surface mapping
2. Scanning: Vulnerability identification and analysis
3. Exploitation: Attempt to exploit discovered vulnerabilities
4. Post-Exploitation: Assess damage potential if breach successful
5. Reporting: Detailed report with findings and recommendations
6. Remediation: Fix identified vulnerabilities
7. Re-testing: Verify fixes are effective

3.4 Configuration Audits

✓ Automated + Manual Monthly

Regular review of system configurations:

• Server Hardening: Verify servers follow hardening guidelines
• Firewall Rules: Review and update firewall configurations
• Database Security: Check database permissions and encryption
• Service Configuration: Verify services use secure settings
• Backup Verification: Test backup integrity and restoration

3.5 Access Control Audits

✓ Manual Quarterly

Review of user access and permissions:

• Admin Access Review: Verify admin accounts are necessary and authorized
• Least Privilege: Ensure users have minimum necessary permissions
• Inactive Accounts: Identify and deactivate unused accounts
• Service Accounts: Review automated service account permissions
• Multi-Factor Authentication: Verify 2FA is enabled for sensitive operations

3.6 Log Analysis & SIEM

✓ Automated Continuous

24/7 automated monitoring and analysis:

• Real-Time Alerts: Immediate notification of suspicious activities
• Pattern Detection: Machine learning identifies anomalous behavior
• Failed Login Tracking: Monitor brute force attempts
• Transaction Monitoring: Flag unusual withdrawal patterns
• API Abuse Detection: Identify and block API misuse

4. Audit Process

4.1 Planning Phase

• Scope Definition: Determine what will be audited
• Methodology Selection: Choose appropriate audit techniques
• Resource Allocation: Assign personnel and tools
• Timeline: Establish audit schedule

4.2 Execution Phase

• Information Gathering: Collect data about systems and configurations
• Vulnerability Assessment: Identify potential security issues
• Testing: Verify vulnerabilities and assess exploitability
• Documentation: Record all findings and evidence

4.3 Reporting Phase

• Executive Summary: High-level overview for management
• Technical Details: Detailed findings for security team
• Risk Assessment: Prioritize findings by severity and likelihood
• Recommendations: Actionable steps to address findings

4.4 Remediation Phase

• Action Plan: Create plan to address findings
• Implementation: Apply fixes and improvements
• Verification: Confirm issues are resolved
• Documentation: Update security documentation

5. Audit Standards & Frameworks

5.1 Standards We Follow

OWASP CIS Controls NIST

• OWASP Top 10: Focus on most critical web application security risks
• CIS Critical Security Controls: 18 prioritized security best practices
• NIST Cybersecurity Framework: Comprehensive security framework
• SANS Top 25: Most dangerous software weaknesses
• PCI DSS: Payment security standards (principles applied)

5.2 Compliance Verification

Audits verify compliance with:

• Internal security policies
• Industry best practices
• Applicable legal requirements
• Contractual obligations

6. Findings and Remediation

6.1 Vulnerability Lifecycle

1. Discovery: Vulnerability identified through audit
2. Assessment: Severity and impact evaluated
3. Prioritization: Ranked based on risk
4. Assignment: Assigned to responsible team member
5. Remediation: Fix developed and tested
6. Deployment: Fix deployed to production
7. Verification: Confirmed vulnerability is resolved
8. Closure: Finding documented and closed

6.2 Metrics and KPIs

We track the following security metrics:

• Mean Time to Detect (MTTD): Time to discover vulnerabilities
• Mean Time to Respond (MTTR): Time to fix critical vulnerabilities
• Vulnerability Density: Vulnerabilities per 1,000 lines of code
• False Positive Rate: Accuracy of automated scanning
• Coverage: Percentage of codebase audited

7. Third-Party Auditors

7.1 Independent Security Firms

We engage reputable third-party security firms for:

• Penetration Testing: Unbiased external assessment
• Code Review: Fresh eyes on critical code
• Compliance Audits: Verify regulatory compliance
• Architecture Review: Security design assessment

7.2 Certifications

Our security team holds industry certifications:

• Certified Ethical Hacker (CEH)
• Offensive Security Certified Professional (OSCP)
• Certified Information Systems Security Professional (CISSP)
• GIAC Security Certifications (various)

8. User-Reported Issues

8.1 Bug Bounty Program (Planned)

We are developing a bug bounty program to reward security researchers who discover and responsibly disclose vulnerabilities.

8.2 Responsible Disclosure

We welcome security researchers to report vulnerabilities. See our Responsible Disclosure program for details on:

• How to report vulnerabilities
• What to expect from us
• Legal protections for researchers
• Recognition for contributors

9. Audit Transparency

9.1 What We Share

We publicly share:

• Audit Schedule: Types and frequency of audits (this page)
• Security Practices: General security measures implemented
• Vulnerability Disclosures: Patched vulnerabilities (after fix)
• Incident Reports: Transparency about security incidents

9.2 What We Don't Share

For security reasons, we do not publicly disclose:

• Detailed vulnerability reports before patches
• Specific security configurations
• Infrastructure details that could aid attackers
• Active vulnerability exploits

10. Continuous Improvement

10.1 Learning from Audits

Each audit makes us more secure:

• Root Cause Analysis: Understand why vulnerabilities occurred
• Process Improvement: Update development practices
• Training: Educate team on discovered issues
• Prevention: Implement controls to prevent recurrence

10.2 Security Culture

Security auditing is part of our culture:

• Security Champions: Developers trained in security best practices
• Regular Training: Ongoing security education for all team members
• Threat Modeling: Security considered in design phase
• Security by Default: Secure configurations and settings standard

11. External Resources

11.1 Stay Informed

We monitor security resources:

• CVE Database: Common Vulnerabilities and Exposures
• Security Mailing Lists: Vendor security announcements
• Threat Intelligence: Emerging threats and attack trends
• Security Conferences: Latest research and techniques

Through rigorous auditing, we maintain the highest security standards for your assets.