Cryptocurrency Security Standard Compliance Services
If you process, transmit, or store cryptocurrencies, perform cryptocurrency-based transactions or manage cryptocurrency wallets, cryptocurrency security risk management must be on the top of your mind.
What is Cryptocurrency Security Standard (CCSS)?
Cryptocurrency Security Standard (CCSS) is a set of requirements for all information systems that make use of cryptocurrencies, including exchanges, web applications, and cryptocurrency storage solutions.
CCSS is an open standard designed to augment standard information security practices and to complement existing standards (ISO 27001, PCI DSS, etc.) in order to protect cryptocurrency information against unauthorized data access, sensitive data loss, and data breaches.
CCSS is currently the go-to security standard for any organization that handles and manages crypto wallets as part of its business logic.
Why do you need to be CCSS Compliant?
CCSS compliance creates a secure cryptocurrency environment to safely store and transact in digital currencies, including the handling of crypto keys and crypto-wallets.
Assure confidentiality and avoid data breaches, we can help
Who does CCSS apply to?
The cryptocurrency security standards apply to most business entities that handle cryptocurrency. This is a wide-ranging category, but its primary applications include:
- Cryptocurrency exchanges, processors, and storage systems
- Cryptocurrency marketplaces and games
- Other entities using systems that handle cryptocurrency
Individual holders of cryptocurrency may or may not be subject to CCSS restrictions.
Our CCSS Compliant Services
CCSS Compliance Advisory, Assessment and Auditing Services for CCSS Level 1, Level 2, and Level 3 Compliance
Risk Analysis of your crypto connected environment, cryptokeys management, and crypto wallets
Application Security, Static and Dynamic Analysis
Cryptocurrency Security Awareness and Training
Network Penetration Testing
Value and Benefits of Being CCSS Compliant
- Audit Ready Crypto Data Environment
- Cryptocurrency Security Risk Management
- CCSS Compliance
- Secure Cryptocurrency systems, Wallets and Keys
- Increased Customer Confidence, Trust and Organizational Reputation
- Implementation of Information Security Program
- Effective Incident Response and Breach Response Planning
WORK WITH US
Your CCSS Compliance Partner
Nothing is static with cryptocurrency, so the most secure assets change over time. As of 2022, the cryptocurrencies that have consistently been recognized as having top tier security are:
These ratings are based primarily on historical data and are subject to change. Also, newer or emerging cryptocurrencies are not necessarily more or less secure than older cryptocurrencies.
Crypto security is measured by CCSS scores, which are then used to rank an organization at one of the three CCSS levels. To receive a score, an organization must undergo an audit focused on the 10 standards of cryptocurrency.
There are various ways to secure cryptocurrency against cyberattacks, including multi-factor authentication (MFA) and using both hot and cold wallets.
As an organization, the best way to keep cryptocurrency secure is to comply with the CCSS standards, which will ensure the implementation of digital currency security best practices.
RSI Security's CCSS security services will help you keep your cryptocurrency protected in an ever-changing environment.
The 10 cryptocurrency security standards serve as a framework for protecting cryptocurrency and measuring the efficacy of an organization's security measures.
The standards focus on the following:
- Audit logs
- Data sanitization policies
- Key compromise policies
- Keyholder grant and revoke policies and procedures
- Key and seed generation
- Key storage
- Key usage
- Proof of reserve
- Third-party security audits and penetration tests
- Wallet creation
These standards ensure all stakeholders are secure, including clients whose cryptocurrency holdings or transactions are managed or otherwise processed by an organization.
A Level I CCSS rating illustrates that most security risks have been addressed through the implementation of industry-standard controls. It’s essentially basic cyber hygiene.
A Level II CCSS rating is granted when an organization's security controls are found to be robust, industry standards are being followed, and the organization is taking things a step further by implementing controls that exceed industry expectations.
A Level III rating is achieved when an organization has implemented enhanced security controls, policies, and procedures. These organizations adhere to policies faultlessly and operate with transparency, leading the charge for cybersecurity across their industry.