Finery Markets achieves top security grade in web application penetration testing

Finery Markets has successfully completed a comprehensive Web Application Penetration testing, carried out by globally recognized cybersecurity consulting firm UnderDefense between April 28 and May 8, 2023. The security framework of our Web Application was honored with an outstanding grade of “A”.

Per UnderDefense’s grading criteria, this “A” grade signifies that the security protocols at Finery Markets go beyond the “Industry Best Practice” standards. Overall security posture was deemed excellent, with only a handful of low-risk findings, all of which have been fully addressed and resolved by our product team.

The testing procedures were rigorously conducted in line with global standards, such as the Penetration Testing Execution Standard (PTES), the OWASP Top 10 Application Security Risks, the OWASP Web Security Testing Guide, and the Open Source Security Testing Methodology Manual (OSSTMM).

Ilya Drozdov, Co-founder and CTO of Finery Markets said:

“At Finery Markets, we understand the paramount importance of security in today’s digital world. We aimed to evaluate our current level of business security with the assistance of leading industry experts, identify any gaps in our cybersecurity posture, and scrutinize our IT environment for potential weaknesses. This was a demanding task, but we were always determined in our commitment to safeguarding our customers’ information. Furthermore, we are persistently working to enhance our IT security measures and improve our operational processes. Receiving an ‘A’ grade is a testament to our dedication to staying at the forefront and doing whatever is necessary to maintain exceptional security.”

See the full press-release