What is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs?

A bug bounty program, also called a vulnerability rewards program (VRP), is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs. ... Bug reports must document enough information for for the organization offering the bounty to be able to reproduce the vulnerability.

A bug bounty program is a deal offered by many websites and software developers by which individuals can receive recognition and compensation for reporting bugs, especially those pertaining to exploits and vulnerabilities

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A bug bounty program also called a vulnerability rewards program (VRP), is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs. We have extended our program to include grammatical and spelling errors. 

You can report an error or a bug you find by filling out the form below. Payments will be made to you by way of bank transfer or Paytm. 

For finding a spelling mistake you will make ₹ 500, for a grammatical error you will make ₹300 and for a security bug ₹1000

If one of your friends finds a bug you can claim half his / her reward money. 

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Speaking at the Spring Infosecurity Magazine Online Summit, Sean Poris, director, product security at Verizon Media, explored how to run a bug bounty program, outlining the six components of a successful big bounty structure.

Poris explained that, by investing in bug bounties, organizations are potentially tapping into “hundreds of thousands of global hackers” that think about software and vulnerabilities in ways that internal staff might not.

He also said that knowing and understanding your objectives is key when it comes to running a bug bounty program, so organizations must have clear focus on “what they are trying to accomplish in standing up the program.” This should also include taking time to consider “what researchers will want from your program” and how you can work alongside them, along with the long-term goal of your program.

Once those aspects are established, Poris said there are six components to ensuring ongoing bug bounty success for an organization.

These six components are:

  1. Scope: what’s in, what’s out?
  2. Platform: report intake and communications
  3. Talent: hackers and teams
  4. Financials: budget, forecast and payments
  5. Operations: process, consistency and oversight (metrics)
  6. Policy: rules of the road, safe harbor and compliance

Ultimately, “a bug bounty program is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs,” and by taking a considered, federation-like approach, organizations can make a success of their bug bounty journeys.

A bug bounty program, also known as a vulnerability rewards program (VRP), is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs. As part of an organization’s vulnerability management strategy, bug bounty programs are frequently initiated to supplement internal code audits and penetration tests.

Many software vendors and websites have bug bounty programs that pay cash rewards to software security researchers and white hat hackers who report software vulnerabilities that could be exploited. Bug reports must include enough information to allow the organization providing the bounty to reproduce the vulnerability.

According to a study released by Integrity on Tuesday, 96% of ethical hackers would like to devote more time to bug bounty hunting in the future, and 66% are thinking about making it their full-time profession.

According to the report, which was based on responses from 1,700 full- and part-time ethical hackers, they are drawn to the money because, according to 48% of respondents, good pay is what attracts them the most. The desire to be their own boss and the freedom to set their own hours were also mentioned by ethical hackers, who cited both as appealing in 45% of cases.

Many people see bug bounties as a means of escaping the rat race. a means of releasing oneself from the constraints of employment and regaining autonomy over one’s day and future financial prospects.

Some people may find that their desires to become full-time bug hunters are thwarted by external, national, and demographic factors. Since bug bounties are typically paid in US dollars, many regions will see a higher return on their investments because many other nations have lower living expenses than the US.

If your main goal is to hack cool things all day, bug bounties may lead you to the exciting career of becoming a pentester. You can earn a salary while still hacking on the side if you find a company that offers a variety of interesting work.

The fact that all of your expenses are paid for is the main advantage of working as a pentester. You have the freedom to go bug hunting for fun on enjoyable targets while working a full-time job.

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