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Explore the latest bug bounty news, updates, and programs that reward ethical hackers for finding security vulnerabilities and threats.

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Bug bounty programs invite external security researchers to identify and report software vulnerabilities in exchange for rewards, usually monetary. These programs extend testing beyond internal teams by leveraging diverse expertise and real-world attack techniques, helping organizations uncover flaws that might otherwise remain hidden. Participants submit detailed vulnerability reports, which organizations validate and address according to defined scopes and rules.

From a security standpoint, bug bounties increase exposure by allowing controlled probing of live systems, which can reveal critical issues like remote code execution or privilege escalation. Effective programs require clear scope boundaries and efficient triage to prevent resource overload and ensure timely remediation. Integrating external findings into vulnerability management shortens the time between discovery and patching, reducing the risk that attackers exploit unpatched vulnerabilities in production environments.

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Chocolate Factory paid a record $12m in 2022 Bug hunters who found security holes in Google — and also responsibly disclosed details of those flaws to the Chocolate Factory — earned more than $12 million in bounty rewards in 2022, marking a record year for the corporation's Vulnerability Reward Programs (VRPs) in terms of payouts and number of vulnerabilities found and fixed.…