In this world, there is no such thing as perfect security. Every app or service you utilize– even the websites you go to– have security bugs. Business go through repeated rounds of testing, code reviews and audits– sometimes even bringing in third-parties. Bugs get missed out on– that’s life, and it takes place– but when they are uncovered, companies can get hacked.

That’s where a bug bounty enters play. A bug bounty is an open-door policy to anybody who discovers a security or a bug defect; they are crucial for transporting those vulnerabilities back to your advancement team so they can be repaired prior to bad actors can exploit them.

Bug bounties are an extension of your internal testing procedure and incentivize hackers to report bugs and issues and get paid for their work instead of dropping details of a vulnerability out of the blue (aka a “zero-day”) for anybody else to make the most of.

Bug bounties are a win-win, but paying hackers for bugs is just one part of the process. As is generally the case where security fulfills startup culture, getting the best system in place early is finest.

Why you require a vulnerability disclosure program A bug bounty is simply a small part of the overall bug-hunting and remediating procedure.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.