In a significant move to enhance cybersecurity, Appknox, a leader in enterprise mobile application security, has announced a strategic partnership with CredShields, renowned for its AI-driven blockchain and smart contract security solutions. This collaboration aims to provide organizations with a comprehensive approach to safeguarding mobile, decentralized, and cloud-native environments, catering to the increasing demands of modern digital ecosystems.
As organizations expand their digital infrastructures, including mobile-first applications and decentralized platforms, they simultaneously face a broadened attack surface. Recent data shows that mobile malware threats targeting Android devices surged by 29% in the first half of 2025. Web3 security incidents accounted for over $2.3 billion in cryptocurrency losses in 2024, a striking 32% increase from the previous year. Furthermore, 80% of companies reported cloud security incidents, with a third resulting in data breaches. These alarming figures highlight the urgent need for integrated security strategies that can effectively address the complexities of modern digital environments.
Subho Halder, CEO of Appknox, remarked, “Security vendors can no longer operate in silos. 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.”
On the other hand, CredShields focuses on the escalating threats posed by smart contract and blockchain vulnerabilities. By leveraging AI-powered automation alongside expert services, the company aims to make Web3 security scalable and accessible. When combined with Appknox’s continuous testing and monitoring of mobile apps and APIs, this partnership presents a holistic security solution for high-growth markets, including fintech and decentralized applications, across regions such as the U.S. and the Gulf Cooperation Council (GCC).
According to Shashank In, Founder and CEO of CredShields, “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. 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.”
This collaboration signifies a progressive perspective on cybersecurity, moving away from isolated solutions toward integrated ecosystems that can respond to the evolving threat landscape. For more information on how CredShields and Appknox are redefining enterprise application protection, their websites offer comprehensive insights into their respective services and innovations.
Appknox is recognized for its extensive array of mobile application security solutions, including Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), API testing, and the recently launched Storeknox continuous monitoring platform. Trusted by Fortune 2000 companies globally, Appknox specializes in identifying AI vulnerabilities and integrates seamlessly with Continuous Integration/Continuous Deployment (CI/CD) pipelines.
Conversely, CredShields is disrupting the blockchain security landscape with its AI-powered solutions tailored for smart contracts, decentralized applications, and Web3 infrastructure. With a robust track record of conducting over 4 million scans on its flagship platform, SolidityScan.com, and supporting over 200,000 scans monthly, CredShields is pioneering global benchmarks for Web3 security and fostering digital trust in an increasingly decentralized world.
