Jericho Security | Glossary

Jericho's Cybersecurity Glossary | Bug Bounty

Written by Jericho Security Team | Sep 27, 2024 10:05:21 PM

Definition:

A bug bounty is a program offered by organizations that rewards individuals for finding and reporting security vulnerabilities in their software or systems.

Use Cases:

  • Used by tech companies to identify and fix vulnerabilities before they can be exploited by attackers.
  • Offered as a proactive security measure to improve software security through crowdsourced testing.

Related Terms:

Questions and Answers:

  • What is the purpose of a bug bounty program?
    The purpose is to encourage ethical hackers to identify and report security vulnerabilities, allowing the organization to fix them before malicious actors exploit them.

  • How do bug bounties help improve cybersecurity?
    Bug bounties provide a cost-effective way for organizations to discover vulnerabilities by leveraging the expertise of external security researchers. Bug bounty programs have been implemented by many organizations seeking to proactively hunt vulnerabilities in their systems.

  • What are the risks of not having a bug bounty program?
    Without a bug bounty program, vulnerabilities may go undetected or be discovered by attackers, potentially leading to security breaches.