NeST Information Technologies

NeST Information Technologies (P) Ltd


NeST Information Technologies (P) Ltd

Application Name:


Assessment Technique(s):

Static Binary Analysis

Assurance Level:

AL4 (High) Exploitation causes serious brand damage and financial loss with long term business impact

VerAfied Since:


Application Description:

NeST DDS Edge is a Microsoft .Net Based web application, developed as a complete automation system for banks keen to participate in the UAE DDS (United Arab Emirates Direct Debit System) promoted by the Central Bank, UAE. The Direct Debit System will enable Bank customers to automate their recurring payments to settle periodical loan installments, utility bills, credit card out standing’s, etc, in a paper less manner. Having the options for a complete straight through processing system or a maker / checker assisted workflows, the system takes care of all activities that the bank should adhere with UAEDDS as a sponsoring bank and as a payer bank, along with the required local Core Banking transaction. 
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In its reviewed state, the the NeST DDS Edge met or exceeded the security score outlined in the Veracode Risk Adjusted Verification Methodology for an application at the assurance level specified above. Veracode’s risk adjusted verification methodology is based on respected industry standards includingMITRE’s Common Weakness Enumeration (CWE) for classification of software weaknesses and FIRST’s Common Vulnerability Scoring System (CVSS) for severity and ease of exploitability and NIST's definitions of assurance levels.


While every precaution has been taken in the preparation of this document, Veracode, Inc. assumes no responsibility for errors, omissions, or for damages resulting from the use of the information herein. Due to the nature of software security testing, the lack of discoverable flaws does not mean the software is 100% secure.