Question: 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=trueLinks to an external site. and write a summary reaction to the use of the policies in your journal.
Bug bounties work by offering solutions to companies, allowing ethical hackers to identify
potential vulnerabilities. This approach is particularly beneficial for companies with limited
resources, as they often lack access to a broad pool of employees with the necessary skills to
detect such issues. Despite concerns surrounding legal implications, bug bounties have proven
to be effective in discovering vulnerabilities and overcoming initial skepticism. However, more
empirical research is needed to fully understand the long-term effects. Overall, bug bounties
have been advantageous for the economic side of cybersecurity, helping companies take steps
toward improving their protection for cybersecurity and smaller businesses.