In traditional cybersecurity, Security Posture Management (SPM) is an essential discipline. Organizations routinely monitor their cloud configurations, SaaS applications, and infrastructure for misconfigurations and vulnerabilities that could expose them to threats. It’s a recognition of a fundamental truth that even the most sophisticated security systems are only as strong as they’re configured to be.
Yet in digital assets, where billions of dollars are at stake, this critical capability has been missing. Until now.
Misconfigurations Can Be Your Achilles Heel
Imagine you have a top-of-the-line security system in your home but forgot to lock the front door when you rushed out to go to work. This is exactly what happens when digital asset teams operate without visibility into their security posture. I’ve seen even sophisticated organizations suddenly discover they’ve lost funds — not because their infrastructure was compromised by a sophisticated zero-day exploit, but because of a simple misconfiguration that went unnoticed for months.
The data tells a stark story: according to our own internal incidents analysis, over 80% of stolen fund incidents stem from misconfigurations. We consistently see the same patterns, such as missing controls over APIs, overpermissive policies, or underutilization of security guardrails.
These may look like minor oversights you can fix later, but in practice they’re like leaving your door unlocked. These are the very entry points attackers use again and again.
Why Digital Assets Need Their Own Security Posture Management
Traditional cloud security posture management focuses on infrastructure and applications. But digital assets present unique challenges.
- The Complexity Factor: Digital asset operations involve intricate approval workflows, multi-signature configurations, policy rules that span multiple blockchains, and DeFi integrations that traditional SPM tools simply can’t analyze.
- The Stakes: In cloud security, a breach might mean downtime or data exposure. In digital assets, it often means direct financial loss that can’t be reversed.
- Stretched Security Teams: Enterprise security teams have to monitor dozens or hundreds of systems, making it challenging to dive deep into the unique risks posed by digital asset operations.
- The Speed of Change: Digital asset environments change rapidly. New integrations, new team members, new use cases — each change can introduce new configuration drift without proper oversight.
Introducing Fireblocks Security Posture Management
What is Fireblocks Security Posture Management (FSPM) and how does it work?
Today, we’re launching Fireblocks Security Posture Management (FSPM) — the first and only security posture management solution purpose-built for digital assets. FSPM acts as your dedicated security advisor, proactively tracking your workspace security posture to surface vulnerabilities and risky settings via a dashboard in the Fireblocks Console. FSPM continuously scans all security configurations and policies, providing clear actions on remediation to mitigate loss of funds and strengthen your security posture.
Combined with AI-powered policy analysis, it analyzes everything from user permissions and approval groups to API configurations and policy settings.
What are the benefits of FSPM?
While there are many benefits of maintaining a strong security posture, FSPM was developed specifically to provide the following benefits to our customers:
- Continuous Risk Monitoring: FSPM automatically scans your workspace to identify risky configurations and other vulnerabilities. It analyzes everything from user permissions and approval groups to API configurations and policy settings, combined with AI-powered policy analysis.
- Risk Assessment: Each finding is categorized by severity and category, from high-risk issues like overpermissive policies, to medium-priority items like unused configurations that expand the potential attack surface.
- Clear Visibility & Remediation: The built-in FSPM dashboard within the Fireblocks Console shows all open security findings and provides specific, step-by-step remediation guidance with direct links to relevant configuration pages.
- Flexible Risk Management: FSPM helps you prioritize risks and make conscious decisions to accept or remediate them, so your team can stay focused on the issues that matter most.
With Fireblocks Security Posture Management, we get a single source of truth for our security posture. It delivers actionable insight into vulnerabilities and underutilized controls, empowering us to close gaps faster, prove compliance, and stay ahead of attackers, making it essential protection for the business.”
– Dean Skurka, CEO, WonderFi
Creating a Proactive Security Culture
FSPM is a powerful tool for spotting risks before they become big problems, and is also an important part of creating a security-first culture in your digital asset operations. By providing visibility into your security posture, it enables:
- Shared Responsibility: Security teams can monitor and audit configurations while operations teams maintain the flexibility they need to move fast.
- Continuous Improvement: Track your security posture over time and see how configuration changes impact your overall risk profile.
- Compliance Confidence: Demonstrate to auditors, regulators, and stakeholders that you’re not just using secure infrastructure, but actively maintaining secure configurations.
Because Fireblocks has secured more than $10 trillion in digital asset transfers, we’ve seen firsthand how quickly threats evolve. Security doesn’t stand still, and neither can we. FSPM is the next step in giving organizations the visibility and control to stay ahead. By bringing enterprise-grade security posture management to digital assets, we’re helping establish new standards for operational security in the space.
As a global market maker operating across 60+ trading venues 24/7, we need to stay ahead of security risks. FSPM enhances our visibility into potential issues that could otherwise go unnoticed, enabling us to address them with speed and confidence. This capability is critical to staying proactive and aligned with best security practices. ”
– Luan Wills, Director of Cybersecurity, GSR
Getting Started with FSPM: See Everything, Secure Everything
Developed with input from design partners including Galaxy, GSR, G-20, Komainu, XBTO, and WonderFi, Fireblocks Security Posture Management is now available to customers as an add-on.
If you’re serious about digital asset security (and in this space, you have to be) FSPM provides the visibility and guidance you need to ensure your configurations match your security intentions. Because in digital assets, there’s no room for “set it and forget it”. The stakes are too high, the landscape changes too quickly, and the attackers are too sophisticated.
FSPM makes it possible to see where your security posture is slipping, and close the gaps before attackers find them.
Ready to strengthen your security posture? To be among the first to get access to FSPM, join the waitlist by visiting the Fireblocks Labs page in your Console or filling out this form. In the meantime, visit our help center to learn more.
FAQs
What is Security Posture Management?
Security Posture Management is an essential practice for any organization to routinely monitor their tech stack for potential vulnerabilities, risks and misconfigurations. It’s an effort to continuously assess and improve the overall cybersecurity strength of an organization.Why do you need Security Posture Management in digital assets?
In traditional cybersecurity, attacks are typically focused on indirect monetization through data theft or ransom. But in institutional crypto asset security, attacks are focused on direct (and often very high-value) monetization by accessing financial transactions. This means the stakes are much higher and often much more financially devastating. In cloud security, a breach might mean downtime or data exposure. In digital assets, it often means direct financial loss that can’t be reversed.What’s the difference between traditional cloud security posture management and Fireblocks Security Posture Management (FSPM)?
Traditional SPM tools focus on cloud infrastructure and applications. FSPM is purpose-built for digital assets, understanding intricate approval workflows, multi-signature configurations, policy rules across blockchains, and DeFi integrations that traditional tools can’t comprehend.How does FSPM integrate with existing security workflows?
FSPM is native to the Fireblocks platform and supports shared responsibility models where security teams handle auditing/monitoring/guidance while operations teams manage configuration changes. Future product roadmap enhancements include native 3rd party integrations (Splunk, Jira).What are the business benefits of using FSPM?
FSPM helps organizations mitigate risk of fund loss through proactive detection, prevents costly security incidents, streamlines compliance and audit processes, and enables faster, more confident digital asset operations.
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