What are the benefits of bug bounty programs?

But all in all, the benefits of bug bounty programs significantly outweigh the challenges they pose. Every day around the world there are new breaches grabbing news headlines. Bug bounties are one of the ways to help keep organizations out of those headlines, and continue on the path to a safer digital life.

Which companies use bug bounty programs?

Many major organizations use bug bounties as a part of their security program, including AOL, Android, Apple, Digital Ocean, and Goldman Sachs. You can view a list of all the programs offered by major bug bounty providers, Bugcrowd and HackerOne, at these links. Why do companies use bug bounty programs?

Is a bug bounty a good public relations choice?

It can also be a good public relations choice for a firm. As bug bounties have become more common, having a bug bounty program can signal to the public and even regulators that an organization has a mature security program.

Should you run a bug bounty?

As long as a product is in a testable state, the organization can run a bug bounty to support it. Whether the product is already in use by customers, is ready to test as a minimum viable product, or even if just a prototype, a bug bounty program can reveal key vulnerabilities throughout the product’s lifetime.