Most of the enterprise engage with third party penetration testing service providers to complement their internal development team in discovering security vulnerabilities and meet various compliance requirements based on their security needs. Over the last decades, in spite of conducting extensive penetration testing, data breaches are common.
Often these penetration service providers has limited talent pool which they are heavily dependent upon. Each of these security researchers has specific skill set for particular domain area. This leads to application not being tested for all kinds of vulnerability scenarios and leaves a huge gap in security testing scope. Bug Bounty program employs crowd source security researchers will diverse skill set covering a wide of vulnerability scenarios and advanced threats.
Bounty Bounty program has proved to more effective than going for traditional penetration services conducted through third party agencies. There are many apprehensions and misconceptions among large organizations about bug bounty programs regarding trust, talent base, managing security researchers, and more.
Some of the core benefits of bug bounty program over traditional penetration testing are mentioned below:
SafeHats Bug Bounty platform provides various programs that would suit to each organization’s risk level. An organization can start with a managed private program where the Safehats team will help in setting bounty amount, provide services which include bug triaging, a platform for report submission, bug report validation, remediation services, and more.
You could also refer to our blog “ What is a Bug Bounty Program and why every organization need one? ”
For more information, please reach out safehats@instasafe.com
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