New alliance bridges enterprise mobile app security and blockchain/smart contract protection to address the evolving global security landscape
Appknox, a global leader in enterprise mobile application security, announced its strategic partnership with CredShields, a pioneering provider of AI Powered blockchain and smart contract security solutions. The collaboration provides organizations with a unified approach to securing mobile, decentralized and cloud-native environments, helping enterprises and startups safeguard their digital ecosystems.
Organizations are rapidly expanding their digital infrastructures from mobile-first apps to decentralized platforms and Web3 ecosystems which also means an expanded attack surface. Mobile malware threats for Android users grew 29% in the first half of 2025, Web3 security incidents resulted in over $2.3 billion in cryptocurrency losses in 2024 (a 32% increase from 2023) and 80% of companies experienced cloud security incidents, with a third leading to data breaches. These critical issues are compounded by fragmented defenses that fail to address the full lifecycle of risk across modern digital environments.
“Security vendors can no longer operate in silos,” said Subho Halder, CEO of Appknox. “By partnering with CredShields, we’re reinforcing our commitment to making security a true growth enabler, not just a compliance checkbox, helping organizations innovate confidently across mobile, cloud, and Web3 ecosystems.”
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CredShields addresses the growing threat of smart contract and blockchain vulnerabilities by combining AI-powered automation with expert services, making Web3 security scalable and accessible. Paired with Appknox’s continuous testing and monitoring of mobile apps and APIs, the partnership offers an end-to-end security solution for high-growth markets, including fintech, enterprise mobility, and decentralized applications across the U.S., GCC and beyond, helping organizations:
- Protect mobile applications, APIs and digital assets with full-stack coverage.
- Meet stringent compliance and regulatory requirements across global markets.
- Turn security into a growth enabler by ensuring customer trust and resilience.
“With blockchain-related hacks causing over $2 billion in losses last year, more than half due to smart contract vulnerabilities, organizations need security that is both scalable and accessible,” said Shashank In, Founder & CEO of CredShields. “By partnering with Appknox, we’re combining AI-powered automation with expert services to proactively identify and mitigate risks across emerging digital platforms, helping businesses turn security into a strategic advantage rather than a reactive necessity.”
Source: PRNewswire