The article titled “Hacking for good: Leveraging HackerOne data to develop an economic model of Bug Bounties” by Kiran Sridhar and Ming Ng provides insights into bug bounty programs and their economic implications. The authors present a literature review and discuss the findings based on their analysis of data from HackerOne, a leading bug bounty platform. The literature review portion of the article offers a comprehensive overview of bug bounty programs, highlighting their growing popularity as a mechanism for organizations to identify and resolve vulnerabilities in their digital systems. The authors provide an overview of the various types of bug bounties, such as private, public, and ongoing programs, and discuss their advantages and limitations. They also delve into the economic factors influencing bug bounty programs, including reward structures, payment models, and ethical considerations. The discussion of the findings is particularly informative, as it draws insights from the analysis of the HackerOne data. The authors discuss the economic model they developed based on this data and outline key factors that influence bug bounty success. They highlight the importance of both financial and non-financial incentives in attracting skilled hackers and fostering a positive hacking community. Factors such as reputation, recognition, and engagement are noted to play a significant role in bug bounty program participation. Moreover, the article sheds light on the relationship between payout amounts and vulnerability discovery rates. The findings indicate a diminishing marginal impact of increasing rewards on vulnerability discovery, suggesting that higher payouts do not necessarily equate to higher security. Additionally, the authors discuss the emerging trend of “hacktivism,” where hackers focus on specific markets or industries based on personal motivations or ethical considerations. Overall, the article provides a valuable contribution to the existing literature on bug bounty programs and their economic implications. The integration of HackerOne data adds empirical evidence to support the findings and enriches the discussion. The comprehensive literature review and the insights gained from the data analysis highlight the complexity of bug bounty programs and the need for organizations to design effective and balanced approaches to incentivize ethical hacking.