BugCrowd Paid Over $500K in Bug Bounties in One Week

guest · Nov 8, 2019

BugCrowd Paid Over $500K in Bug Bounties in One Week
November 8, 2019
https://www.bleepingcomputer.com/news/security/bugcrowd-paid-over-500k-in-bug-bounties-in-one-week/

Crowdsourced security company Bugcrowd announced today that it paid over $500K ($513,333) to 237 whitehat hackers in a single week for the first time since launching its bug bounty platform more than seven years ago.
Over $1.5 million earned paid last month
1800 submissions were rewarded to 562 hackers during October, showing an increasing number of successful researchers being active across the platform. Out of the total number of rewarded submissions, 327 were categorized as P1 (the most severe).

"Overall for the month of October, Bugcrowd paid out $1.6 million to over 550 hackers, with our biggest payout to a single hacker totaling over $40,000," the company said. "Looking back to October 2014, we paid out nearly $30,000 to 85 hackers, and uncovered five P1s."
Growing number of programs and vulnerabilities reported
Compared to 2018, Bugcrowd saw increases of 93% in the total number reported vulnerabilities and of 83% on average payouts per vulnerability as the company revealed in August as part of its Priority One Report.
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Bugcrowd: Bugcrowd pays out a half million dollars to whitehat hackers in one week!

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BugCrowd Paid Over $500K in Bug Bounties in One Week

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