HackerOne has announced that 6 individual hackers have earned over US$1 million dollars each from hacking. A bounty — or bug bounty — is a monetary award given to a hacker who finds and reports a valid security weakness to an organisation so it can be safely resolved. Thanks to these 6 hackers, 5,000 unique security flaws have been fixed, protecting millions of people.
The Hacker-Powered Security Report 2019
Every five minutes, a hacker reports a vulnerability. Every 60 seconds, a hacker partners with an organization on HackerOne. That’s more than 1,000 interactions per day.
The more than 450,000 hackers registered on HackerOne find vulnerabilities missed by traditional detection methods. These trusted hackers—90% of whom are under the age of 35—play a critical role in securing organizations large and small.
Security vulnerabilities are a fact of life. For this reason, technology unicorns, e-commerce conglomerates, governments around the world, and hospitality giants are competing to attract hackers who have one key advantage over traditional methods: they can think like an attacker.
The stories of these hackers are inspirational. They’re an invaluable extension of the most trusted security teams, on a mission to find what others may have missed or could not see.
Hackers are the solution to the world’s cybersecurity challenges. By investing in people, not just software, we will see the greatest outcome. It is our mission to empower the world to build a safer Internet. This report is a glimpse into how hackers and organizations are doing just that.