185% increase in high-risk vulnerabilities within financial sector
Bugcrowd released its 2022 Priority One report to spotlight the key cybersecurity trends of the past year, including the rise in the adoption of crowdsourced security due to the global shift to hybrid and remote work models, and the rapid digital transformation associated with it. The report reveals that the strategic focus for many organizations across industries has shifted, emphasizing clearing residual security debt associated with that transformation. In particular, financial services companies on Bugcrowd experienced a 185% increase in the last 12 months in high-risk critical vulnerabilities.