Service Overview

What Emerging Tech Risk Governance Means for Your Organisation

Codec Networks helps leadership adopt new technology with its risks known: code audited before launch, AI governed before scale, cryptography planned before quantum computers arrive, and connected systems tested before they reach customers.

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Why corporate clients need Emerging Tech Risk now

New technology now reaches customers before the controls around it are mature. Smart contracts hold real value and cannot be patched after an exploit; AI is in daily use before policies exist; quantum computing threatens today's encryption; and vehicles, networks and identity systems are increasingly software. Regulators in India and abroad are setting rules and dates, and Boards are expected to show they have weighed the risks.

US$3.4 bnIn 2025, about US$3.4 bn was stolen from crypto services
6connected sub-services under one Board-level model
9stage delivery methodology for every engagement
3levels priced for small, medium and large enterprises

Source: Chainalysis.

What Emerging Tech Risk is

Board-Level Cyber Security Consulting & Advisory Services is the Codec Networks practice that helps Boards of Directors, Audit and Risk Committees, CXOs and General Counsels understand, govern and reduce cyber risk. It treats cyber security as a business, legal and reputational risk that leadership must govern, not only as an IT control. Emerging Tech & Web3.0 Risk Governance is the sub-segment that governs and tests new technology before the organisation and its customers depend on it. Codec Networks builds it on three parts:

Web3 and Digital Assets

Whether smart contracts, DeFi, NFTs, tokenised and virtual assets are secure and protected from fraud.

We put in place: Smart contract audits, DeFi and NFT fraud reviews, metaverse brand protection

AI Governance

Whether AI systems are owned, secured, fair and managed to a certifiable standard.

We put in place: AI register, policies, AI security testing and ISO/IEC 42001 readiness

Future Systems

Whether cryptography, vehicles, 5G networks and digital identity will stay secure as technology changes.

We put in place: Post-quantum roadmaps, vehicle and 5G testing, decentralised identity reviews

Six sub-services, one risk model

Each sub-service can be bought on its own. Most clients combine two or more, because Codec Networks uses one technology inventory, one threat-modelling method and one risk view across all six.

Smart Contract Security Audits and Crypto Protocol Assessments

A smart contract holds and moves value automatically, so a single flaw can be exploited in minutes and cannot be reversed. Codec Networks audits smart contracts and the protocols around them for known vulnerability classes, economic and logic flaws, and weaknesses in upgrade and admin controls, using automated analysis and manual review.

What Codec Networks does
  • Agrees the contracts, commit, chains and threat model for the audit.
  • Runs automated analysis and a manual line-by-line review against classes such as access control, reentrancy, oracle manipulation and logic errors.
  • Assesses upgrade mechanisms, admin keys, oracles, bridges and protocol economics.
  • Reports findings by severity with fix guidance and re-audits the fixes before launch.

Client outcome: Contracts launched with known flaws fixed and their residual risks disclosed.

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DeFi and NFT Fraud Risk Reviews for Fintech, Exchanges and Tokenisation Platforms

Exchanges, fintechs and tokenisation platforms face fraud risks that traditional controls were not built for: wash trading and market manipulation, rug pulls, phishing for wallet approvals, compromised custody and money laundering through DeFi and NFTs. Codec Networks reviews these risks across the business, the technology and the controls, and recommends a fraud risk framework.

What Codec Networks does
  • Maps the platform's products, token flows, custody model and customer journeys.
  • Assesses fraud and manipulation scenarios, such as wash trading, front-running, rug pulls and approval phishing.
  • Reviews custody, hot and cold wallet controls, and transaction monitoring for AML obligations.
  • Recommends a fraud risk framework, monitoring rules and customer protection measures.

Client outcome: Digital asset products launched with fraud and manipulation risks controlled.

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Metaverse and Virtual Asset Protection Strategies for Digital Consumer Brands

Consumer brands launch virtual goods, digital collectibles and experiences in gaming platforms and virtual worlds. These bring new exposures: counterfeit virtual goods, impersonating storefronts, account takeover of customers' digital items, and fraud in loyalty and digital collectible programmes. Codec Networks designs protection strategies that cover the brand, its intellectual property, its customers and the platforms it uses.

What Codec Networks does
  • Maps the brand's virtual presence, partners, platforms and digital assets.
  • Monitors for counterfeit virtual goods, impersonating accounts and look-alike storefronts.
  • Reviews account security, wallet and marketplace integrations for customers' digital items.
  • Builds takedown, IP enforcement and customer communication playbooks with the brand's counsel.

Client outcome: A brand presence in virtual worlds that customers can trust.

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AI Security Governance, ISO/IEC 42001 Readiness and Ethical AI Policy Design

Organisations are deploying AI faster than they can govern it: chatbots, copilots, decision models and AI agents, built in-house or bought from vendors. ISO/IEC 42001:2023 specifies an AI management system, and frameworks such as the NIST AI RMF and the OWASP Top 10 for LLM Applications set out the risks. Codec Networks builds AI governance, secures AI systems and prepares the management system for certification.

What Codec Networks does
  • Inventories AI systems, models, vendors and use cases, and classifies them by risk.
  • Designs the AI governance structure, responsible-AI and acceptable-use policies, and approval gates.
  • Assesses AI security risks such as prompt injection, data leakage, model theft and unsafe agent actions, and tests key systems.
  • Implements the ISO/IEC 42001 management system and supports the certification audit.

Client outcome: AI used at scale with accountability, security and an auditable management system.

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Post-Quantum Cryptography Advisory to Future-Proof Data Security

A large enough quantum computer would break the public-key cryptography that protects most data and transactions today. Attackers can collect encrypted data now and decrypt it later. NIST published the first post-quantum standards in August 2024 (FIPS 203, 204 and 205), and its draft transition guidance proposes deprecating today's vulnerable algorithms after 2030 and disallowing them after 2035. Codec Networks helps organisations plan and start the migration.

What Codec Networks does
  • Builds a cryptographic inventory of algorithms, keys, certificates, protocols and libraries across systems and vendors.
  • Prioritises systems by the lifetime of the data they protect and their exposure to harvest-now, decrypt-later attacks.
  • Designs a crypto-agility and migration roadmap, including hybrid approaches and vendor requirements.
  • Tests post-quantum and hybrid configurations in pilots and tracks standards and regulatory guidance.

Client outcome: A funded, staged plan to quantum-safe cryptography, started in time.

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Security Testing for Autonomous Vehicles, 5G Networks and Decentralised Identity

Connected and autonomous vehicles, private and public 5G networks and decentralised identity systems combine software, radio, cloud and cryptography in new ways. Regulators are responding: UNECE Regulation No. 155 requires a cyber security management system for new vehicles in many markets, and India's Telecom Cyber Security Rules 2024 set duties for telecom entities. Codec Networks tests these systems and the processes that govern them.

What Codec Networks does
  • Builds threat models for vehicles, network slices and identity flows, using ISO/SAE 21434, 3GPP security specifications and W3C standards.
  • Tests vehicle ECUs, telematics, mobile apps and backend APIs, with the manufacturer's authorisation.
  • Tests 5G core, edge and private network configurations, including slicing and roaming interfaces.
  • Assesses decentralised identity wallets, credential issuance and verification flows, and key management.

Client outcome: Connected products and networks launched with their attack paths tested and closed.

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Find your starting point

Answer 6 quick questions. The finder suggests which Codec Networks Emerging Tech Risk services to start with.

  1. Are you launching or upgrading a smart contract or crypto protocol?
  2. Do you run an exchange, DeFi product, NFT market or tokenisation platform?
  3. Is your brand selling virtual goods or running digital collectibles?
  4. Are teams using AI tools, copilots or agents without clear rules?
  5. Do you hold data that must stay confidential for ten years or more?
  6. Do you build connected vehicles, run 5G networks or issue digital credentials?

Your suggested starting point

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Who the service is for inside a client organisation

StakeholderWhat Codec Networks gives them
Board of DirectorsA clear view of the risks of new technology and the decisions it requires
CEO and business headsNew products launched with their risks known and controlled
CTO and engineering headsCode audits, threat models and testing that fit release cycles
CISOSpecialist depth for Web3, AI, cryptography and connected systems
Chief Data and AI OfficersAI governance, policies and an ISO/IEC 42001 management system
General Counsel and complianceEvidence for regulators, type approval and customer contracts
Brand and marketing headsProtection for virtual goods and digital customer experiences

Industries Codec Networks serves with Emerging Tech Risk

IndustryTypical Emerging Tech Risk priorities
VDA exchanges, Web3 and DeFi projectsSmart contract audits, custody and fraud reviews
Banks, fintechs and capital marketsTokenisation, AI governance and post-quantum planning
Consumer brands and gamingVirtual goods, digital collectibles and brand protection
IT/ITeS, SaaS and AI companiesAI security testing and ISO/IEC 42001
Automotive and mobilityConnected vehicle testing and UNECE R155/R156 processes
Telecom and network operators5G security testing and telecom cyber rules
Government and digital identity platformsDecentralised identity, AI and cryptography reviews

How Codec Networks engages

Every engagement follows Codec Networks' nine-stage delivery methodology, from discovery and threat modelling through assessment, testing and executive review to closure and continuous improvement. Clients can choose Basic, Medium or Advanced levels for small, medium and large enterprises, delivered as a fixed-scope audit or test, or as an ongoing retainer.

Why clients trust Codec Networks with Emerging Tech Risk

CERT-In empanelledInformation security auditing organisation
NICSI empanelledApplication audit and compliance services
ISO certifiedISO/IEC 27001:2022, ISO 9001:2015 and ISO/IEC 20000-1:2018: we run the systems we build for clients
One teamGovernance plus VAPT, cloud and configuration reviews, Managed SOC, forensics and awareness training

Talk to Codec Networks

Ask Codec Networks for an emerging-tech scoping call. We will confirm which of the six sub-services apply to you and what a first phase would cover.

New Delhi
507, 5th Floor, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001

Gurugram
707, 7th Floor, Silverton Tower, Golf Course Extension Road, Sector 50, Gurugram – 122018, Haryana

Call
011 430 496 96 | 011 437 522 99 · +91 99716 76124 | +91 88007 88220 | +91 88003 31124

Write
mktg@codecnetworks.com

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