Hackers Have Earned More Than $300 Million on the HackerOne Platform

The ethical hacking community has earned $300 million in total all-time rewards on the HackerOne platform. Besides, thirty hackers enjoy made over 1,000,000 greenbacks on the community; one hacker’s total earnings enjoy surpassed four million greenbacks.

Through ongoing adversarial finding out, HackerOne identifies the supreme flaws in a firm’s assault surface to defeat hackers. The platform provides bug bounty applications to every public and business entities, at the side of governmental bodies.

Generative AI Will Turn out to be A Main Focal point

As per the currently published 2023 Hacker-Powered Security Narrative, the area of generative man made intelligence (GenAI) has grown snappy within the supreme 12 years.

For 14% of hackers, it has grown to be a a actually mighty tool, and 61% stated they intend to use and discover hacking instruments that make utilize of GenAI to list new vulnerabilities.

Furthermore, in accordance to 55% of hackers, GenAI technologies themselves will develop into a fundamental target within the upcoming years.

Organizations within the cryptocurrency and blockchain sector continue to glimpse fundamental program participation; they give out the supreme realistic total prizes for hackers and provide the pause cost of $100,050 for the 300 and sixty five days.

“Organizations are under stress to adopt GenAI to quit before opponents, which, in turn, is transforming the threat landscape. Need to you’ll desire to dwell proactive about new threats, that it is in all probability you’ll well simply wish to learn from the experts within the trenches: hackers,” stated Chris Evans, HackerOne CISO and Chief Hacking Officer.

“The Hacker-Powered Security Narrative makes optimistic that hackers are actively rising their skillsets to meet rising threats. The flexibility of hackers and the affect of the vulnerabilities they surface invent them instrumental to how our potentialities await and take care of risk.”

Hackers identified an absence of inner ability and knowledge because the indispensable obstacle facing organizations, and they also’re addressing this shortcoming: In accordance with 70% of clients, hacker activities enjoy prevented a fundamental cyber crisis for them.

Experiences furthermore stated that exploited vulnerabilities pose a greater risk to their organizations than nation-explain actors (10%), insider threats (12%), and phishing (22%).

The everyday remediation time across the platform reduced by 10 days in 2023, indicating that potentialities are becoming proficient at addressing vulnerabilities.

In accordance with HackerOne, the total period of time wanted for remediation has grown from 35 to 37 days. With a median remediation time of 148.3 days, aviation and aerospace industries were the slowest to patch, followed by scientific expertise organizations at 73.9 days.

Blockchain and cryptocurrency companies addressed disorders the quickest, taking 11.6 days.

“A restricted scope puts off 50% of hackers, but wearisome response time and downhearted dialog are the disorders which would be presumably to stop a hacker from reporting a vulnerability”, reads the document.

For hackers, “Pentesting” and “Stable Code Overview” are two new career paths which would be developing and rising total payouts. On the HackerOne platform, these operations had a 54% extend in 2023.