Bug Bounty has become a buzz phrase lately. With unprecedented cyber breaches and attacks, it’s no surprise that many companies and institutions are turning to bug bounty programs.
What is Bug Bounty?
According to AT&T Cybersecurity, creator of Open Threat Exchange, the largest crowdsourced computer security platform, “Bug Bounty programs allow white-hat hackers and security researchers to find vulnerabilities within a corporation’s (approved) ecosystem and are provided recognition and/or monetary reward for disclosing them.”
These programs recruit ethical hackers to find system flaws and are . . .