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The Rise of the Open Bug Bounty Project

The Rise of the Open Bug Bounty Project

February 06, 2020The Hacker News
Can you imagine launching a global bug bounty platform with almost 500,000 submissions and 13,000 researchers without consuming a cent from venture capitalists? If not, this success story is for you. The once skyrocketing bug bounty industry seems to be not in the best shape today. While prominent security researchers are talking about a growing multitude of hurdles they experience with the leading commercial bug bounty platforms, the latter are trying to reinvent themselves as "next-generation penetration testing" or similar services. You be the judge of how successful they will be. Generous venture funds have poured many millions into rapidly spending bug bounty startups that have not replaced Managed Penetration Testing (MPT) services (as some declared). However, these startups have positively improved the price/quality ratio of pen testing services on the global market. Amid the uncertainty for the future of commercial bug bounty platforms, the not-for-profit Op
Google Increases Bug Bounty Payouts by 50% and Microsoft Just Doubles It!

Google Increases Bug Bounty Payouts by 50% and Microsoft Just Doubles It!

March 03, 2017Wang Wei
Well, there's some good news for hackers and bug bounty hunters! Both tech giants Google and Microsoft have raised the value of the payouts they offer security researchers, white hat hackers and bug hunters who find high severity flaws in their products. While Microsoft has just doubled its top reward from $15,000 to $30,000, Google has raised its high reward from $20,000 to $31,337, which is a 50 percent rise plus a bonus $1,337 or 'leet' award. In past few years, every major company, from Apple to P*rnHub and Netgear , had started Bug Bounty Programs to encourage hackers and security researchers to find and responsibly report bugs in their services and get rewarded. But since more and more bug hunters participating in bug bounty programs at every big tech company, common and easy-to-spot bugs are hardly left now, and if any, they hardly make any severe impact. Sophisticated and remotely exploitable vulnerabilities are a thing now, which takes more time and
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