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How Bug Bounty Programs Bring Big Savings and Better Security

This CIO article from July 2013 examines how enterprise bug bounty programs pay hackers who report security flaws. Casey Ellis, CEO of Bugcrowd, says such programs are much more cost effective than paying penetration testers or consultants, and he reports up to five times as many vulnerabilities found for the same spend.

Source description, as published

Enterprise bug bounty programs are increasing in popularity. They offer cash to hackers who find and report security vulnerabilities and are an effective way for large organizations to beef up the security of their software.

Inventors / authors: CIO