What exactly is a bug bounty?

What exactly is a bug bounty?

A formal authorisation and invitation from the owner of a website or mobile app to undertake specialized security testing or reverse-engineering of the programme to identify security and privacy issues and submit them for remediation are known as a Bug Bounty. Many program owners provide hefty monetary rewards for severe security flaws, while others, such as startups, may send letters of thanks, coupons, or other nice knickknacks. We’ve seen prizes of high-end gadgets, rare wine, five-figure cash rewards, and even corporate t-shirts on our site.

What industries make use of your services?

We feel at ease with open-minded companies that consider paying an intermediary in a bug bounty programme is an unreasonable cost. Because it is a non-profit organisation, Open Bug Bounty has no fees for website owners and no commissions for security researchers. Our objective is to make the Internet a more secure environment.

What strategies do you use to remain ahead of the pack?

We don’t consider  TheHackerTribune, HackerOne or BugCrowd, the two most popular commercial bug bounty sites, to be rivals. We, on the other hand, see them as complementary to what we do. Due to the extreme sensitivity and secrecy of such submissions, we do not provide manual screening for RCE or SQL injection vulnerabilities, for example. For submissions like XSS or CSRF, on the other hand, we’re a great place to go because we provide a turn-key managed solution for free. Furthermore, many young talents operate on many platforms at once, including Synack, which has been thoroughly inspected, and our website owners have access to the greatest talents from all over the world. We’re seeing a steady increase in female hackers.

How is your business evolving now that we’re in the midst of a pandemic?

We provide a trustworthy and cost-free platform for SMEs, local governments, and non-profit organisations to use crowd security excitement to protect their apps and avoid data breaches. We are happy to welcome all of the newcomers to make their crowd security journey a sustainable success storey. We see large e-commerce and even banking organisations starting their bug bounty and vulnerability disclosure programmes at Open Bug Bounty, and we are happy to welcome all of the newcomers to make their crowd security journey a sustainable success storey.

What are the most dangerous cyber threats today?

Perhaps the fundamental causes of cybersecurity breaches are a lack of security training and inept cybersecurity management. There are many urban tales about Russian or Chinese hackers, but most of them are true since compromised businesses do not even practise the most basic cybersecurity hygiene. Ransomware is the epitome of corporate incompetence, carelessness, and lack of accountability, all of which are represented in the “this is not my job” mentality.

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