Security News > 2020 > February > HackerOne Surpasses $82 Million in Paid Bounties
With $40 million in bug bounties paid in 2019, hacker-powered bug bounty platform HackerOne nearly doubled the amount paid out in all previous years combined, reaching $82 million.
HackerOne also announced that a total of seven hackers surpassed $1 million in lifetime earnings, thirteen more hitting $500,000 in lifetime earnings, and 146 hackers earning $100,000.
HackerOne's 2020 hacker report shows that 78% of hackers are using their hacking experience as a career opportunity.
Of the total bounties paid, 19% went to hackers in the U.S. Those in India earned 10% of bounties, followed by Russia at 8%, China at 7%, Germany at 5%, and Canada at 4%. In 2019, federal governments experienced the strongest year-over-year industry growth at 214% - 22 new programs were launched with governments in North America, Asia and Europe in 2019 - and the first programs at municipal level were launched last year.
"Hackers are a global force for good, working together to secure our interconnected society," said Luke Tucker, senior director of community at HackerOne.