> 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 article discusses how bug bounty policies can be used to identify vulnerabilities in a company’s cyber infrastructure. The authors conduct a review of the literature and discuss the findings of their own study, which looked at the effectiveness of bug bounty policies. The authors conclude that bug bounty policies can be an effective way of identifying vulnerabilities in a company’s cyber infrastructure, but they also point out that these policies have a number of limitations. One limitation is that bug bounty policies can be expensive, particularly for smaller businesses. Another limitation is that the policies may not detect all vulnerabilities because ethical hackers may not be motivated in the same way as malicious hackers.
Overall, the authors contend that bug bounty policies can be an effective method of identifying vulnerabilities, but they must be used in conjunction with other cybersecurity policies and practices.
Bug bounty policies, in my opinion, are a practical approach to improving cybersecurity. The policies encourage ethical hackers to identify vulnerabilities, which can ultimately help businesses protect their cyber infrastructure. However, as the authors point out, these policies have limitations that must be considered. To ensure the security of their cyber infrastructure, businesses should also invest in other cybersecurity policies and practices, such as employee training and regular security audits.
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