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What is PaymentKnox?

nsKnox is a cutting-edge firm specializing in financial technology and security, dedicated to protecting businesses and banks from fraudulent activities while ensuring compliance in B2B transactions. Founded by Alon Cohen, who previously served as the CEO of CyberArk (NASDAQ: CYBR), the company delivers solutions aimed at helping organizations avoid severe financial losses, hefty fines, and damage to their reputations. In an era where cybercriminals are adopting more sophisticated strategies, such as vendor impersonation, business email compromise (BEC), and social engineering, the risk of redirecting outgoing payments to fraudulent accounts is ever-increasing. As these malicious actors refine their techniques, the financial consequences for organizations that fall victim to such schemes grow more severe. To address these challenges, nsKnox has developed PaymentKnoxâ„¢ for Accounts Payable, a technology-driven solution that minimizes the chances of human error and effectively prevents unauthorized payments. This forward-thinking approach not only safeguards corporate finances but also enhances overall confidence in the payment process, creating a more secure environment for B2B transactions. Ultimately, nsKnox stands as a vital ally for businesses striving to navigate the complexities of modern financial risks.

What is Knox?

Knox is a secret management solution created to securely store and rotate sensitive information, including secrets, keys, and passwords used across various services. At Pinterest, a wide range of keys and secrets are relied upon for numerous purposes, such as signing cookies, encrypting sensitive data, securing the network with TLS, accessing AWS machines, and interacting with third-party services. The potential for these keys to be compromised presented major challenges, as rotating them often required a deployment and usually involved modifications to the codebase. Previously, keys and secrets were kept in Git repositories at Pinterest, which led to their widespread replication throughout the organization's infrastructure and on numerous employee laptops, making it nearly impossible to monitor access and audit permissions for their use. To tackle these challenges, Knox was designed to make it easier for developers to securely access and manage confidential secrets, keys, and credentials. It guarantees the confidentiality of these sensitive assets while incorporating strong mechanisms for key rotation in case of a security breach, thereby significantly improving security practices. By adopting Knox, Pinterest seeks to not only enhance its secret management processes but also to strengthen its defenses against potential vulnerabilities, ensuring that sensitive information remains protected at all times. This proactive approach reflects Pinterest's commitment to safeguarding its data and maintaining trust with its users.

Media

Media

Integrations Supported

Integrations Supported

Docker
Pinterest
Pradeo
Swarm
Yaguara

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub

Company Facts

Organization Name

nsKnox

Date Founded

2016

Company Location

United States

Company Website

nsknox.net/paymentknox-for-accounts-payable/

Company Facts

Organization Name

Pinterest

Date Founded

2009

Company Location

United States

Company Website

github.com/pinterest/knox

Categories and Features

Accounts Payable

Not specified

Financial Audit

Not specified

Fraud Detection

Not specified

Categories and Features

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