Crowdsourced security platform Bugcrowd announced it paid over $500,000 in bug bounty rewards during the last week of October.
In October, the platform paid a total of $1.6 million to over 550 hackers, the biggest payout was of over $40,000. It marked significant progress in respect five years ago.
“The Crowd also surfaced more than 300 P1s! Looking back to October 2014, we paid out nearly $30,000 to 85 hackers, and uncovered five P1s.” reads a post published on Bugcrowd website.”In a matter of a five-year span, we’ve exponentially multiplied payouts, Crowd engagement, and critical findings, and to say we’re excited is an understatement.”
According to Bugcrowd, the payouts are increasing year after year, in 2019 experts observed an increase of more than 80% over the payouts assigned during 2018.
“As more organizations
“For those just starting out, we’re always committed to growing our community and uplifting the skills of our hackers. That’s why we launched Bugcrowd University in 2018, offering free,
(SecurityAffairs – bug bounty program, hacking)