A later module addresses cybersecurity policy through a social science framework. At this point, attention can be drawn to one type of policy, known as bug bounty policies. These policies pay individuals for identifying vulnerabilities in a company’s cyber infrastructure.  To identify the vulnerabilities, ethical hackers are invited to try explore the cyber infrastructure using their penetration testing skills.  The policies relate to economics in that they are based on cost/benefits principles.  Read this article https://academic.oup.com/cybersecurity/article/7/1/tyab007/6168453?login=trueLinks to an external site.  and write a summary reaction to the use of the policies in your journal.  Focus primarily on the literature review and the discussion of the findings.

The article “Hacking for Good: Leveraging HackerOne Data to Develop an Economic Model of Bug Bounties” offers a look at bug bounty strategies exploring their foundations and impacts. The literature review effectively places bug bounty initiatives in the context of cybersecurity, emphasizing their role in encouraging hacking and exposing weaknesses. By analyzing data from HackerOne the discussion provides insights into the effectiveness of bug bounty programs in managing cybersecurity risks. In conclusion, the article highlights the importance of bug bounty schemes in enhancing cyber resilience through an approach prompting consideration of how cybersecurity governance’s evolving and the potential benefits of collaborative approaches in fighting cyber threats.