Penetration Testing Red Team Assessments NGX VAPT Assessments Security Advisory Security Training Architecture Review
Healthcare Capital Markets Banking & Finance Government Telecommunications
Blog Framework Contact Us
OSCP+ CPTS CRTP PNPT
Now an NGX VAPT Assessor

Penetration Testing for Trading License Holders

NGX Regulation requires all Trading License Holders with Online Trading Portals to complete vulnerability assessment and penetration testing at least twice per year. As a recognised NGX VAPT assessor, we can help your organisation meet that requirement.

Schedule Assessment View Scope & Process
Capital Markets

A recognised NGX VAPT assessor

The Nigerian Exchange recognised ClarenSec as a VAPT assessor in March 2026. We carry out vulnerability assessment and penetration testing for Trading License Holders that run online trading portals, scoped to the workflows and reporting that the exchange expects.

The Challenge

Compliance is mandatory. But true security goes further.

What most assessors deliver

  • Automated scan output repackaged as a "penetration test"
  • Surface-level assessments that miss deep, complex vulnerabilities
  • Junior analysts running tools without manual verification
  • Zero testing of business logic in trading workflows
  • Generic reports that do not help remediation
  • No re-testing to confirm fixes were applied correctly

What ClarenSec delivers

  • Security testing by senior penetration testers
  • Manual exploitation that goes beyond scanner output
  • Testing scoped to capital-markets workflows and regulatory requirements
  • Actionable reports your engineers can remediate from, not just read
  • Free re-test cycle to verify fixes
90%+
Assessments uncovering critical findings
6+
senior penetration testers
Tier 1
Banking & capital markets experience
200+
Penetration tests delivered
Assessment Scope

What we test on your trading platform

Authentication & Sessions

Login flows, token handling, MFA enforcement, and credential security.

Access Control

Privilege escalation, IDOR, and role boundary violations across portfolios.

Business Logic

Order execution, fund transfers, wallet operations, and transaction validation.

API Security

REST and GraphQL testing for injection, BOLA, rate limiting, and data leakage.

Data Protection

Encryption validation and compliance mapping to NDP Act 2023 and CBN Cybersecurity Framework.

Mobile Testing

Trading app assessment covering local storage, API calls, and session security.

Certifications Held by Members of Our Team
OSCP+ OSCP CPTS CRTP PNPT GWAPT CEH Practical CompTIA PenTest+ CompTIA Security+ CBBH CCRTA API Security Architect OSCP+ OSCP CPTS CRTP PNPT GWAPT CEH Practical CompTIA PenTest+ CompTIA Security+ CBBH CCRTA API Security Architect
Deliverables

Complete package for your board and regulators

Executive summary for management and board review
Technical report with CVSS v3.1 scoring and PoC evidence
Prioritized remediation roadmap
One round of re-testing included at no additional cost
NGX VAPT compliance report ready for regulatory submission
Security architecture review and recommendations
Post-assessment consultation call
Trend analysis across assessment cycles (repeat clients)
What Sets Us Apart

VAPT is not a checkbox exercise

We know what is at stake, so we go deeper than checking for basic vulnerabilities to find complex attack paths that actually put your firm at risk.

// 01

OSCP+ Certified Operators

Every assessment is led by testers holding OSCP+, CPTS, and CRTP certifications, with years of hands-on offensive security experience across regulated industries.

// 02

Business Logic Expertise

Trading platforms have unique workflows: order execution, fund transfers, portfolio access. We test the logic behind these flows, not just the OWASP Top 10.

// 03

Financial Sector Track Record

Proven across central banking infrastructure, investment platforms, and fintechs across 10+ countries spanning West Africa, East Africa, and the UK. We understand the systems your traders depend on.

FAQ

NGX VAPT questions, answered

How often is an NGX VAPT required?

At least twice per year. NGX rules require Trading License Holders that operate an online trading portal to complete a vulnerability assessment and penetration test on a half-yearly basis, so the testing fits a recurring compliance cycle rather than a one-off.

Who must comply?

Trading License Holders, the dealing member firms on the exchange, that offer a web or mobile trading platform to clients. If your members log in and place orders through an online portal, the half-yearly VAPT requirement applies to you.

What does an NGX VAPT cover?

We test the trading platform end to end: authentication and session handling, access control, the business logic behind order execution and fund movement, API security, data protection, and the mobile app where one exists. You receive a report ready for regulatory submission.

Schedule your next assessment

We test around your peak hours, without disruption to operations. Our assessments are completed and reported within your compliance timeline.

Request a Consultation