When it comes to finding and fixing software bugs, companies have a variety of priorities. But whether it’s protecting credit card data or personally identifiable information, securing intellectual property, or preventing online gamers from cheating, one fact remains: finding and fixing security bugs is difficult and labor intensive. It can be beneficial to get outside help with bug bounties.
Bug bounties are deals offered by website and developers to individuals to report software bugs, especially pertaining to exploits and vulnerabilities, in return for recognition and compensation. The main goal of a bug bounty program is to release more secure software with fewer vulnerabilities.
This article on Legaltech News looks at the risks and rewards of offering software bug bounties to hackers.
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