Despite the fact that bug bounty adoption continues on a steady rise and ROI has been clearly…

7 BUG BOUNTY Myths busted

Despite the fact that bug bounty adoption continues on a steady rise and ROI has been clearly demonstrated, perceived misconceptions still remain.

From years of running bug bounty programs for more of the Fortune 500 than any other crowdsourced security platform, we will address seven of the most common myths surrounding the bug bounty model:

1.ALL BUG BOUNTIES ARE ‘PUBLIC’

2.ONLY TECH COMPANIES RUN BUG BOUNTIES

3.RUNNING A BOUNTY PROGRAM IS TOO RISKY

4. YOU CAN’T TRUST HACKERS

5.THEY DON’T YIELD HIGH QUALITY RESULTS

6.THEY’RE TOO COSTLY AND HARD TO BUDGET FOR

7.BUG BOUNTIES ARE HARD TO RUN AND MANAGE