Journal #13


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=true 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 use of bug bounty policies is on the rise in the cybersecurity industry. The policies are seen as a way to incentivize ethical hackers to identify vulnerabilities in a company’s cyber infrastructure. The article provides a comprehensive review of the literature on the effectiveness of these policies. While some studies suggest that bug bounty policies are effective in identifying vulnerabilities, others argue that they can lead to an increase in low-quality submissions and may not be cost-effective for companies. The article also discusses the potential ethical concerns related to these policies, such as the possibility of creating a market for vulnerabilities and the potential for conflicts of interest. Overall, the article provides a balanced view of the pros and cons of bug bounty policies and highlights the need for further research in this area. From a social science perspective, the article demonstrates the importance of considering the economic and ethical implications of cybersecurity policies.

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