The life cycle of a Bug Bounty program
Consider this the life cycle of a bug bounty program:
Program Policy
After a company chooses the BugHunt bounty platform, it creates a summary outlining the rules for expert engagement. This includes detailed information about the company, what to look for and what not to look for, the rewards offered, and the specific rules that experts must follow.
Program Launch
Once the scope and vulnerability disclosure policy are defined, the company publishes the bounty program.
- For a private bug bounty program: BugHunt helps the company select—or we select for them—the experts most suited to their needs to ensure the best performance for the program.
- For a public bug bounty program: The company builds trust with its customers by demonstrating transparency. The company’s bounty program is sent out to our entire community of experts, maximizing the effectiveness of the bug bounty.
Program Start
The security testing begins as experts work on your software, detect bugs, and report them. The reports should explain how to exploit the identified vulnerabilities and must be submitted through the platform.
Triage Team Stage
At BugHunt, we offer the option to hire a managed service for the company’s bounty program, where we allocate our internal cybersecurity triage team. These top-level experts can verify reported bugs and determine the security level your company needs.
Fixing the Bugs
Once your company receives a detailed report outlining a bug and how to fix it, the expert who found it should receive a reward, which may be financial or not, along with reputation points on the platform.
To ensure cybersecurity, your countermeasures must match the scope of the problem; reacting to cybercrimes after the fact is not enough.
New breaches are reported every day, and some of the victims include the biggest companies. Bug bounties are a way to help your company avoid becoming a headline.
Start protecting your business now with BugHunt.