Security News > 2020 > September > HackerOne Paid Out Over $107 Million in Bug Bounties
Hacker-powered bug hunting platform HackerOne on Tuesday announced that it paid more than $44.75 million in bounty rewards over the past 12 months, with the total payouts to date surpassing $107 million.
Signups went up 59% as result of the global coronavirus crisis, while the number of submitted bug reports went up 28%. In the months immediately following the start of the COVID-19 pandemic, organizations paid 29% more bounties, with the total paid in bounties going up 87% compared to last year.
The company also says that, while the average amount paid for resolved reports was of $1,201 over the past 12 months, the average bounty payout for critical vulnerabilities went up 8% compared to last year, to reach $3,650.
Spain, HackerOne notes, saw a 4,324% increase in paid bounty awards, followed by Brazil with 1,843%, and China at 1,429%.
HackerOne also reports an increase in government bug bounty programs, following the launch of the first such program by the U.S. Department of Defense's Defense Digital Service in 2016.