Business
Liminal becomes a certified wallet infrastructure platform
Leading wallet infrastructure platform- Liminal, announced achieving CryptoCurrency Security Standard (CCSS) – Qualified Security Provider (QSP) Level 3 certification, making it one of the only two digital asset Qualified Service Providers to reach this level at time of print.
The CryptoCurrency Security Standard (CCSS) is a standard for securing cryptocurrency systems. It is designed to complement existing information security standards (i.e. ISO 27001:2013) by introducing guidance for security best practices concerning cryptocurrencies. Cryptocurrency and cybersecurity experts, including Andreas M. Antonopopulous, Michael Perklin, Petri Basson, Jameson Lopp, and S. Dirk Anderson, utilized their years of security and cryptocurrency experience to curate the CryptoCurrency Security Standard (CCSS). With CCSS, companies and products can have their systems assessed by a third party to ensure a balance between security and usability, enabling users to make informed decisions about which companies and products they would like to use.
The CCSS certification & audit process was led Marc Krisjanous, IT Security Consultant at Confide Limited and CCSS Auditor. Liminal’s CCSS-QSP Level 3 certification was achieved through a rigorous, audited security review process that tested the platform’s security protocols, operational processes, and infrastructure. The certification also required Liminal to implement a comprehensive set of security measures that protect user data, funds, and transactions which included Liminal Hot, Warm and Cold Wallets, Liminal Secure Transfer Environment, Liminal Authorization Workflow, Liminal Automated Refill Engine, Liminal EVM Fee Saver Workflow and Liminal Policy Engine.
Commenting on this announcement, Manan Vora, SVP of Strategy & Business Operation at Liminal, said, “Liminal’s CCSS-QSP Level 3 certification is a testament to the platform’s commitment to providing the highest level of security and compliance for our users. The CCSS-QSP Level 3 certification is widely recognized as the highest security standard for cryptocurrencies and wallet infrastructure. It ensures that Liminal follows best practices to protect the security of its users and their funds.” He adds, “With this certification, Liminal has established itself as the domain expert in self-custody and security. This will also help us boost the ‘trust’ factor in front of the external stakeholders, including customers, regulators etc. In addition, we will now be able to help our customers in becoming CCSS certified, cultivating a safer digital assets market.”
Jessica Levesque, Executive Director at CryptoCurrency Certification Consortium (C4), said, “C4 has been setting the standard for industry players and operators since its inception in 2014. CCSS audits are distinct in the sense that it takes into account not only the technology itself but also interviews with personnel involved with the system, inspections of system configurations, and the security controls in place. Our goal at C4 is to safeguard the interests of users by maximising the confidentiality of private keys and ensuring the integrity of cryptocurrency funds. We are pleased that Liminal’s wallet infrastructure system attained CCSS-QSP level 3 as we share the same ethos: Don’t trust; verify” You can verify Liminal on C4’s CCSS Certificate of Compliance listing page here: https://cryptoconsortium.org/completed-ccss-audits/
Marc Krisjanous, IT Security Consultant at Confide and CCSS Auditor in charge of Liminal’s audit, stated, “Confide is pleased to verify that Liminal fulfilled every CCSS Level 3 requirement and is the second system to be certified against the CCSS globally. A meticulous and thorough audit was performed to assess Liminal’s personnel, protocols, and technological aspects in accordance with the CCSS, and it was found that Liminal went beyond the needed CCSS Level 3 criteria.”
Liminal is dedicated to providing the highest levels of security and compliance for its users. The platform’s commitment to security and compliance is further demonstrated by its recent attainment of CCSS-QSP Level 3 certification, ISO 27001:2013, 27701 and SOC2 Type1 and Type2 certifications. With these certifications, Liminal is well-positioned to provide the highest levels of security and privacy for its users.
Liminal is an automated wallet infrastructure platform that offers robust security to digital assets. An ISO 27001 and 27701 certified organisation, Liminal, is based in Singapore. Liminal enables crypto-native companies to securely scale their digital asset operations through automated, plug-and-play wallet architecture. They provide a combination of multi-signature and multi-party computation (MPC) to provide secure, efficient, and compliant access to digital assets. Its operational excellence framework provides efficient fee management, transaction confirmation guarantees, seamless onboarding, and other wallet operations hence, saving businesses significant development costs. Liminal’s unified interface ensures the same wallet management experience across multiple blockchains. Its proprietary regulatory readiness program, which includes AML checks, travel rules and CCSS-compliant platforms, helps projects fast-track their compliance journey.