Journal #13

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’s literature review investigates the strategic and economic justifications for bug bounty policies, which encourage ethical hackers to discover and expose security flaws. These efforts, which are based on cost-benefit principles, have been shown to be useful in utilizing varying hacker insights that internal security teams may not be able to achieve alone. The findings highlight that, while bug bounty programs improve cybersecurity, their effectiveness is dependent on precise regulations, prompt incentives, and corporations’ willingness to act on discovered vulnerabilities. The debate focuses on difficulties such as cost management and preserving ethical participation among hackers, recommending a balance between reward and functional execution.