the article on bug bounty policies explains how these programs are becoming more and more popular and cost-effective strategies for Improving cybersecurity. The literature review discusses how ethical hackers are paid and incentivized to find system vulnerabilities before they can be exploited by malicious actors, therefore saving businesses the higher costs of responding to a data breach. The findings show that the success of these programs relies on setting the right incentives for participants and ensuring enough skilled hackers are involved. Bug bounty programs when managed well, offer a cost-efficient method to reduce cybersecurity risks and prevent potential cost attacksĀ
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