As a founder there is nothing better than watching the company I started grow and evolve. In the four and a half years I’ve watched Bugcrowd grow by leaps and bounds - the team has grown threefold in the past year alone. While our guiding principles, core values, and vision of the future of cybersecurity remain unchanged, today we have evolved as an organization. To use a much-used term from the early aughts, we are now very much Bugcrowd 2.0, and I’m proud to announce a brand-new website that reflects just that.
Can bug bounty programs replace penetration tests?
This question has come up a lot in the past several months and today we released a guide that begins to answer it.
[Update] Active attacks now include: MongoDB, Elasticsearch and Hadoop.
Two weeks ago the Internet was hit with the first in what has become a frightening trend of ransom attacks. This first attack affected fewer than 200 MongoDB installations and for the most part flew under the radar given the meager sum requested by the attacker (0.2 Bitcoins). However, this attack marked a significant shift in ransom attack model and just two weeks later we’re seeing a major escalation of this model and its impact.
Today we are pleased to announce that after running an extensive private program with Bugcrowd, Okta is launching its first public bug bounty program.
Bug bounties are legal! Twenty-one years ago, Netscape launched the world’s very first bug bounty program. 'Netscape Bugs Bounty' was launched on the beta versions of Netscape Navigator 2.0 software, and awarded cash prizes and SWAG, depending on bug severity. (Sounds pretty familiar, eh?)
The program set the foundation for the bug bounty model–without their even knowing it–and we were curious about that day 21 years ago. We had the opportunity to get straight to the source in a Q&A with Jeff Treuhaft, who was one of the key people behind the Netscape bug bounty program as Netscape’s Product Director. Read on to learn more about why Netscape launched a bug bounty program, what came of it, and where Jeff thinks the model is going.
In the past several months, bug bounties have gained popularity in the press and have been adopted with increasing velocity by enterprise organizations. Along with this popularity, the bug bounty model has also received some criticism, and various actors within the industry have raised some very good questions. In keeping with our commitment to transparency, honesty, and education, we thought it was as good as time as any to discuss two specific areas that have cropped up in the past several months, quality and impact, through examining some misconceptions about bug bounties.
2015 was the year the public perception of automobile safety changed forever… Chris Valasek and Charlie Miller’s notorious Jeep Cherokee hack transformed the idea of the humble automobile into a 2-tonne computer that can be hacked just like any other. In recent years, automakers are realising that hackers just like Charlie and Chris are already at the table, ready and willing to help, and are leveraging the work coming out of this community to make their products safer from cyber threats.
We are excited to announce that Fiat Chrysler Automobiles is joining the ranks of those pioneering this relationship, by becoming one of the first automakers to launch a bug bounty program.
Bugcrowd has always held education and sharing as a core value, which is why I’m very pleased to announce the release of our second annual State of Bug Bounty Report.
This 22-page document gives the reader an up-close and personal look at the evolving dynamics of the bug bounty market, and deeper insight into the early stages of the “unlikely romance” blossoming between hackers and organizations. Read the full report
Today is a great day for hackers, defenders, Bugcrowd as a company, and for Aussie founders with a dream to execute on the world stage. We’re very proud to have Blackbird Ventures, the same firm that pioneered the Startmate incubator where Bugcrowd began, taking the lead on our $15M Series B alongside existing investors Rally, Costanoa and Paladin. We’re just as pleased to welcome Salesforce Ventures and Industry Ventures to the family.