Journal Entry #13

After reading the article, I learned that bug bounty policies are a smart way for companies to protect themselves by paying ethical hackers to find vulnerabilities before bad actors do. The literature review showed that companies are starting to realize how cost-effective these programs are compared to dealing with a major breach after it happens. In the discussion of the findings, it was interesting to see that companies offering higher rewards tend to attract more skilled hackers, which leads to better security overall. I think these policies make a lot of sense because they balance risk and reward, helping both the company and the hacker. It also connects to economics because it’s cheaper to fix problems early rather than after an attack happens.

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