Bridging the Blockchain Security Gap: Checkmarx & CredShields Partner to Secure Web3

NEW YORK, NY – November 20, 2025

The convergence of traditional enterprise systems and the burgeoning world of Web3 presents a unique set of security challenges. Recognizing this, application security testing leader Checkmarx has partnered with Web3 security firm CredShields to extend its security platform into decentralized environments. This collaboration aims to provide comprehensive protection for smart contracts, blockchain applications, and the sensitive data they handle.

The Growing Need for Web3 Security

The adoption of blockchain technology and decentralized applications (dApps) is accelerating across various industries, from finance and supply chain to healthcare and identity management. While offering numerous benefits, this shift introduces novel vulnerabilities that traditional AppSec tools are ill-equipped to address. The decentralized nature of blockchain, coupled with the immutable nature of smart contracts, means that a single vulnerability can have far-reaching and potentially catastrophic consequences.

“We’re seeing a massive influx of enterprises exploring Web3,” explained a security analyst familiar with the partnership. “They quickly realize their existing security infrastructure isn’t designed for this environment. It’s not just about protecting web applications anymore; it’s about securing code that directly controls digital assets.”

Recent data underscores the urgency. Losses from cryptocurrency hacks and exploits continue to climb, exceeding $2.1 billion in 2025 alone. A significant portion of these breaches – nearly half – are attributed to flaws in smart contract code. While audits are becoming increasingly common, even audited contracts aren’t immune to exploitation, with over 66% of reported hacks stemming from vulnerabilities in audited code. This emphasizes the need for a multi-layered security approach that extends beyond static analysis.

A Comprehensive Approach to Decentralized Security

The partnership between Checkmarx and CredShields aims to bridge the gap between traditional AppSec and the unique security requirements of Web3. Checkmarx brings its decades of experience in application security testing, including static analysis, dynamic analysis, and interactive application security testing (IAST), while CredShields provides specialized expertise in smart contract auditing, vulnerability assessment, and blockchain security research.

The combined offering will focus on several key areas. First, it will leverage AI-powered tools to automate the detection of common smart contract vulnerabilities, such as reentrancy attacks, integer overflows, and access control issues. Second, it will incorporate manual audits conducted by experienced security researchers to identify more complex vulnerabilities that may elude automated tools. And finally, it will contribute to the development of industry security standards, such as the OWASP Smart Contract Security Top 10, to promote best practices and improve the overall security of the Web3 ecosystem.

“The biggest challenge in Web3 security isn’t just finding vulnerabilities; it’s staying ahead of attackers,” stated a security consultant involved in the partnership. “Attackers are constantly developing new techniques, so you need a security solution that’s constantly evolving as well.” The partnership intends to achieve this through ongoing research, threat intelligence sharing, and continuous improvement of its security tools and processes.

Expanding the Security Footprint: Beyond Traditional AppSec

For Checkmarx, the partnership with CredShields represents a strategic expansion of its security footprint. While the company has long been a leader in traditional AppSec, the growing adoption of Web3 presents a significant opportunity to extend its reach into new markets and address the evolving security needs of its customers. By combining its existing expertise with CredShields’ specialized knowledge, Checkmarx aims to become a one-stop shop for application security, regardless of the underlying technology.

The partnership is particularly appealing to financial institutions, fintech companies, and digital asset operators who are increasingly exploring the use of blockchain technology. These organizations face a unique set of security challenges, as they must not only protect their traditional applications but also ensure the security of the digital assets they hold on behalf of their customers. The combined offering from Checkmarx and CredShields provides a comprehensive security solution that addresses both of these needs.

“Enterprises are realizing they need a security solution that can protect all of their applications, regardless of where they’re deployed,” explained a tech analyst. “This partnership allows Checkmarx to offer that comprehensive protection, from traditional web applications to blockchain-based dApps.” The companies are also focusing on improving the developer experience, providing tools and resources that help developers build secure applications from the ground up. This includes integrating security testing into the development pipeline, enabling developers to identify and fix vulnerabilities early in the process.