Bugcrowd Paid $500,000 Bug Bounty Reward to Ethical Hackers Within a Week

Bugcrowd announced about the contemporary milestone that it rewarded $500,000 in Bug Bounties within a week to whitehat hackers for ethically reporting bugs in diversified vendors.

Bugcrowd is a platform for enterprise organizations to control worm bounty, vulnerability disclosure, and next-gen pen test applications to builds a bridge between trusted moral hackers and organizations that support to steady their network and applications.

In October month, Bugcrowd paid out $1.6 million to over 550 hackers. The absolute top amount of $40,000 paid to single hackers.

The Crowd also surfaced extra than 300 P1s! Taking a leer relief to October 2014, we paid out nearly $30,000 to 85 hackers and uncovered 5 P1s. In a topic of a 5-year span, we’ve exponentially multiplied payouts, Crowd engagement, and serious findings, and to allege we’re furious is an underestimation. Bugcrowd talked about via a Weblog post.

Rising the Vulnerability Stammer and Rewards

In comparison with closing year, in 2019, payouts are elevated by extra than 80%, and extra organizations are signed up for the gang and submitting their products describe the vulnerabilities, Firm says.

In accordance to David Baker, CSO, VP of BugCrowd “As extra organizations reach safety maturity and believe within the worth of the Crowd, we can continue to note extra applications launch and pay out in elevated sums. Large news for our researchers, both contemporary and skilled on the platform.”

Bugcrowd also launched “BUGCROWD UNIVERSITY” in 2018 to enhance the protection skill and provide practicing for the whitehat hacker community by offering diversified classes and frequent Webinars.

Bugcrowd College materials are freely available to all safety community researchers, and this practicing also can support to entice extra researchers to the crowdsourced safety platform.

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