Singapore, Singapore, November 19th, 2025/CyberNewsWire/--The collaboration advances enterprise grade application security into decentralized ecosystems, uniting Checkmarx’s AppSec expertise with Web3 specialization by CredShields.
As the application security market accelerates toward an expected US $55 billion by 2029, decentralized architectures introduce new attack surfaces that traditional AppSec programs are not designed to address. Nearly half of the largest DeFi breaches trace back to smart contract flaws, and in 2025 to date, losses from cryptocurrency service hacks already surpass US $2.1 billion and are projected to climb further. Research further indicates that up to 89% of smart contracts contain vulnerabilities, highlighting the need for Web3-native security standards alongside legacy security frameworks.
Through this agreement, Checkmarx is adding CredShields as a Web3 security partner to provide customers with dedicated support for decentralized environments. The collaboration combines Checkmarx’s enterprise AppSec leadership with deep expertise in smart contract auditing, vulnerability assessment, and blockchain security research from CredShields, enabling organizations to extend their existing DevSecOps programs into Web3 with minimal friction.
“This partnership represents a natural evolution in the AppSec landscape,” said Shashank,
Co-founder of CredShields. “Together with Checkmarx, we’re delivering a seamless layer of security that protects enterprise systems, decentralized applications, and smart contracts with the same rigor and intelligence.”
The partnership will focus on:
- Comprehensive security coverage for decentralized applications, smart contracts, and wallets
- AI-assisted vulnerability detection and manual audits powered by CredShields’ proprietary systems
- Joint contributions to global security frameworks, including OWASP Smart Contract Security Standards and Smart Contract Top 10
- Enterprise enablement to integrate Web3 security into existing DevSecOps pipelines
“As enterprises extend their digital footprint into Web3, new attack surfaces emerge,” said Scott Sieper, Director of Product Management at Checkmarx. “Partnering with CredShields enables us to bring our deep AppSec expertise to blockchain environments and help organizations innovate with confidence while maintaining the same rigorous security standards they expect from Checkmarx.”
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This story was published as a press release by Cybernewswire under HackerNoon’s Business Blogging