CodaBox

CodaBox specializes in converting financial documents — invoices, payroll records, and other accounting data — into structured, machine-readable formats delivered directly into business software systems.

As a fintech platform handling sensitive transactional and payroll data, CodaBox required:

• Secure API integrations
• Protection of financial document flows
• Strong authentication and access controls
• Validation of encryption and transport security
• Assurance against common and advanced exploit techniques

Given the financial and operational sensitivity of the data processed, security validation was critical to protecting both CodaBox and its end users.

Cyrex conducted structured grey box penetration testing, leveraging architectural insight while simulating realistic attack scenarios against exposed services and API endpoints.

With our fintech experience, we focused heavily on validating secure data handling and integration logic.

The engagement included testing for commonly exploited vulnerabilities such as:

• Remote Code Execution
• SQL Injection
• Path traversal attacks
• File upload vulnerabilities
• Parameter tampering
• Access control flaws
• Transport layer security weaknesses
• Business logic and authentication flaws
• SMTP, header, JSON, and XML injection

We evaluated whether API endpoints properly enforced authorization rules and validated inputs across document processing workflows.

Cyrex identified several vulnerabilities during testing and delivered:

• A comprehensive, structured security report
• Prioritized remediation guidance
• Recommendations aligned with fintech security best practices

While findings were identified, the CodaBox platform demonstrated a mature and well-architected security design. Our assessment reinforced that strong foundational controls were already in place.