How a Brisbane-based startup protects global initial coin offerings from hackers

Brisbane-based cyber security company Entersoft has successfully helped launch and protect $US1 billion of initial coin offerings to the world market without a single hack or lost token value.

And the security support service for ICOs, which includes anti-phishing and smart contract security, has been operating for just 10 months.

Entersoft has since mid-2017 helped more than 30 companies launch ICOs, including blockchain startup Havven which in March this year raised $39 million in what is seen as Australia’s largest ICO.

Entersoft helped shut down scams, including 24 phishing sites and 17 Medium pages.

UK-based virtual and augmented reality company ImmVRse in March announced it was using Entersoft to provide cyber security for its upcoming token sale.

Entersoft is one of the entrants for FinTech Australia’s Finnie awards, across the “excellence in cyber security”, “establishing global market presence” and “excellence in fintech support services” categories.

Winners of the 2018 Finnies, the second year of awards, will be announced June 13.

Entersoft employs white hat hackers, some with ex-military intelligence backgrounds, who use their collective 40 years’ of experience to secure ICOs ahead of a launch. It has six staff in its Brisbane office. Read more

Chris Pash - Business Insider Australia - 20 Apr 2018