The article Hacking for Good: Leveraging HackerOne data to develop an economic model of Bug Bounties looks into the use of bug bounty programs as a cost-effective approach to cybersecurity, leveraging freelance ethical hackers and cyber researchers to identify and report vulnerabilities in exchange for financial reward. It is mentioned that small and medium enterprises have difficulty with recruiting workers, with major companies spending large amounts of money on cybersecurity. By utilizing a gig economy, entities that may have struggled to hire professionals can better afford to mitigate risks and vulnerabilities. Interestingly, research has found that hackers participating in the programs are not financially motivated, as some may wish to gain experience or reputation, indicating that even with smaller bounties being rewarded, smaller companies can still benefit from the program.