Bug Bounty Program
Bug bounty program is a way to receive reports on security flaws from hackers and independent security researchers before cybercriminals can exploit those vulnerabilities.
A combination of periodic penetration tests and an active bug bounty program are the best solution to ensure that an organization has a diverse pool of testers and continuous coverage.
Processing Workflow_
- 1
Eliminate critical vulnerabilities
- 2
Learn what hackers know about your security
- 3
Reduce the risk of cybercriminals
- 4
Continuous crowdsourced security testing
How to launch a program_
Prepare
Choose a type of bug bounty
Define the Scope
Set Rewards
Establish Triage
Craft the Policy
Build the Internal Process
Select a Provider
Launch
Start Small
Analyze
Exchange Feedback
Refine
Scale
Improve
Bug Bounty validity requirements_
The policy should be published either on the exchange site or any trusted bug bounty platform
Bug bounty policy should allow intrusive testing
The whole infrastructure should be in scope
Should include structured in scope/out of scope and clear program rules
Should have at least Hall of Fame of bug hunters
Should have clear statistics on reports, rewards, SLAs