A bug bounty program, also known as a vulnerability rewards program (VRP), is a crowdsourcing initiative that rewards individuals for discovering and reporting software bugs. As part of an organization’s vulnerability management strategy, bug bounty programs are frequently initiated to supplement internal code audits and penetration tests.
Many software vendors and websites have bug bounty programs that pay cash rewards to software security researchers and white hat hackers who report software vulnerabilities that could be exploited. Bug reports must include enough information to allow the organization providing the bounty to reproduce the vulnerability.
According to a study released by Integrity on Tuesday, 96% of ethical hackers would like to devote more time to bug bounty hunting in the future, and 66% are thinking about making it their full-time profession.
According to the report, which was based on responses from 1,700 full- and part-time ethical hackers, they are drawn to the money because, according to 48% of respondents, good pay is what attracts them the most. The desire to be their own boss and the freedom to set their own hours were also mentioned by ethical hackers, who cited both as appealing in 45% of cases.
Many people see bug bounties as a means of escaping the rat race. a means of releasing oneself from the constraints of employment and regaining autonomy over one’s day and future financial prospects.
Some people may find that their desires to become full-time bug hunters are thwarted by external, national, and demographic factors. Since bug bounties are typically paid in US dollars, many regions will see a higher return on their investments because many other nations have lower living expenses than the US.
If your main goal is to hack cool things all day, bug bounties may lead you to the exciting career of becoming a pentester. You can earn a salary while still hacking on the side if you find a company that offers a variety of interesting work.
The fact that all of your expenses are paid for is the main advantage of working as a pentester. You have the freedom to go bug hunting for fun on enjoyable targets while working a full-time job.
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