In the article, the authors discuss the effectiveness of bug bounty programs as part of cybersecurity policy, emphasizing their cost-benefit dynamics. The literature review highlights the growing adoption of bug bounties by organizations to leverage ethical hackers’ skills in identifying vulnerabilities before malicious actors can exploit them. The findings suggest that these programs are cost-effective compared to traditional cybersecurity measures because they provide companies with access to a global pool of skilled testers, reducing the overall cost of vulnerability discovery. Additionally, bug bounty programs help build a more proactive security culture by incentivizing responsible disclosure. However, the discussion also notes challenges such as ensuring ethical behavior and managing potential legal and organizational risks. Overall, the study reinforces the idea that bug bounty policies can be a valuable, resource-efficient strategy to enhance cybersecurity.