Security News
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.
Like cybercriminals, hackers will also be leveraging tools such as publicly available Common Vulnerabilities and Exposures databases. The way to keep pace and avoid burnout in internal security teams is to engage hackers to work on their behalf by setting up a vulnerability disclosure program.
Dutch police have arrested three men for their alleged involvement with a ransomware gang that stole sensitive data and extorted hundreds of thousands of euros from thousands of companies. According to the Amsterdam police cybercrime team, the investigation began in March 2021 after a large Dutch company reported a case of data theft that had come accompanied by a ransom demand.
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Pwn2Own paid out almost $1 million to bug hunters at last week's consumer product hacking event in Toronto, but the prize money wasn't big enough attract attempts at cracking the iPhone or Google Pixel because miscreants can score far more from less wholesome sources. The contest planned to give away $250,000 for a successful iPhone or Google Pixel exploit, he told The Register, in an exclusive interview at the end of the four-day event.
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Once they've broken into an IT environment, most intruders need less than five hours to collect and steal sensitive data, according to a SANS Institute survey of more than 300 ethical hackers. More than half of respondents stated they could successfully discover an exploitable exposure in ten hours or less.
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They have the world's largest community of ethical hackers working to stay ahead of cybercriminals, going on the offense, searching for bugs and vulnerabilities before attackers do. Two years ago, Forbes reported that more than 700,000 ethical hackers were already part of the HackerOneBounty program.