Organizations At Risk for Data Breaches: System Vulnerabilities Increase by 92 Percent
Bugcrowd has released a new study on the current state of crowdsourced security. The report cites a 92% surge in the total number of vulnerabilities that were reported by bug bounty researchers last year, compared to the previous report. Researchers are not only finding more flaws, but they are also getting paid more, with the average payout per identified issue rising by 83% and the payout for critical flaws increasing by 27% to $2,669.92.
More and more companies are launching crowdsourced security programs. In the first six months of this year, the number of new programs was 29% higher than over the same period last year, while the number of new public programs rose by 50%.