Security News > 2023 > October > HackerOne paid ethical hackers over $300 million in bug bounties
HackerOne has announced that its bug bounty programs have awarded over $300 million in rewards to ethical hackers and vulnerability researchers since the platform's inception.
Thirty hackers have earned over a million USD for their submissions, and one has broken the record, receiving over $4 million for his bug reports.
Founded over a decade ago, HackerOne is a bug bounty platform that connects organizations with a community of ethical hackers who identify and report vulnerabilities and weaknesses in software in exchange for a reward.
HackerOne says traditional bug hunting isn't the only activity on the platform, as pen-testing engagements rose by 54% this year.
Over half of the ethical hackers participating in HackerOne programs report using generative AI in some way, including writing better reports, writing code, and reducing language barriers.
Hackers earn over $1 million for 58 zero-days at Pwn2Own Toronto.