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CybersecuritySecurity NewswireCybersecurity News

There was a 151% increase in government vulnerability submissions

By Security Staff
rows of seating in government building

Image via Unsplash

January 29, 2024

According to a recent Bugcrowd report, government industries saw a 151% increase in vulnerability submissions in 2023, making it the fastest growing sector for crowdsourced security. Other industries recording big increases in submissions included retail (+34%), corporate services (+20%) and computer software (+12%).

Over the past year, the hacker community recorded a 30% increase in Web submissions created compared to 2022, an 18% increase in API submissions, a 21% increase in Android submissions and a 17% increase in iOS submissions. 

The report found that the most successful programs on the platform offered the highest rewards to hackers, generally $10,000 or more for finding a P1 vulnerability. The highest payouts for P1 vulnerability submissions are found in the financial services and government sectors.

Read the full report here.

KEYWORDS: cyber security financial services government cyber security government regulations vulnerability management

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