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Critical Vulns Earn $2K Amid Rise of Bug Bounty Programs

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Critical Vulns Earn $2K Amid Rise of Bug Bounty ProgramsAs of June, a total of $31 million has been awarded to security researchers for this year - already a big jump from the $11.7 million awarded for the entire 2017.

Bug bounty programs are paying more money to more hackers, more of whom are discovering severe vulnerabilities: As of June, a total of $31 million has been awarded to security researchers for this year – alreadya big jump from the $11.7 million awarded for the entire 2017.

Over the past year, 116 bug reports were valued at over $10,000, with organizations offering up to $250,000 for severe flaws discovered. The numbers come from HackerOne's "Hacker-Powered Security Report 2018," in which analysts pulled data from 78,275 vulnerability reports submitted by ethical hackers to more than 1,000 organizations via HackerOne'sbug bounty platform.

"All of the volume numbers have increased tremendously," says HackerOne CEO Marten Mickos. "But they have been trending...(continued)

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