Security-minded organizations know that the next cyber threat may be the worst. That’s why they take preemptive measures to protect their most valuable assets.
Bug bounty programs are an emerging trend undertaken by some forward-thinking industry members to gain valuable information on their security system, while repairing any vulnerabilities. These for-hire teams intentionally attempt to exploit your system’s weaknesses so that you can fix them before a more maliciously minded individual can wreak havoc on them. However, bug bounty programs alone are not the solution to complete security. Your company needs to take a comprehensive approach to cybersecurity including vulnerability assessments and penetration testing. A bug bounty program is simply an additional piece of protection.