CYSE 201S – Journal Entry 12

Read this article 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.

I believe that bug bounty policies and programs should become more commonplace within companies. This will help by patching up the holes within the company security and being a cost-effective process for bigger and smaller companies. In the article, hackers were considered “price insensitive” which means that they will still take the work even if the price changes and fluctuates. Price insensitivity also helps smaller companies that can’t afford to hire veteran ethical hackers. This allows small companies to employ unseasoned hackers that may care about experience and exposure more than capital. Furthermore, bounties of varying prices will attract a larger population of ethical hackers to provide support for businesses. Overall, bug bounty policies are an effective tool that can greatly mitigate the cyberattacks that companies have to pay for.

Leave a Reply

Your email address will not be published. Required fields are marked *