November 18, 2024 at 04:47PM Bugcrowd has appointed Trey Ford as Chief Information Security Officer for the Americas, enhancing its leadership team. With over 25 years of experience, Ford aims to strengthen the company’s cybersecurity strategy. Additionally, Bugcrowd introduced a new subscription model for pentesting and secured $50 million in growth capital to support further … Read more
November 1, 2024 at 03:58AM Bugcrowd has obtained $50 million in growth capital from Silicon Valley Bank to support its expansion and innovation efforts, as reported by SecurityWeek. **Meeting Takeaways:** 1. **Funding Acquisition**: Bugcrowd has secured $50 million in growth capital. 2. **Source of Funding**: The capital was obtained from Silicon Valley Bank. 3. **Purpose … Read more
October 21, 2024 at 06:13AM Bugcrowd’s report, “Inside the Mind of a Hacker,” explores insights from a major hacker community. It highlights the increasing trends in AI and hardware hacking, reflecting evolving challenges in cybersecurity. The findings underscore the need for heightened awareness and proactive measures in the tech security landscape. **Meeting Takeaways:** 1. **Report … Read more
July 11, 2024 at 02:20PM Google has increased bug payouts through its Vulnerability Reward Program by up to 5x, with a maximum reward of $151,515 for a single security flaw. The new rewards apply to vulnerability reports submitted on or after July 11th. In addition, the company has expanded payment options and updated its rules … Read more
May 29, 2024 at 05:24AM Netflix has paid out more than $1 million to over 5,600 researchers since starting its bug bounty program in 2016. The move to the HackerOne platform promises increased rewards and expanded coverage, with potential payouts between $300 and $20,000 per vulnerability. However, its response to a researcher’s findings about illegal … Read more
February 12, 2024 at 07:09AM Bugcrowd has secured $102 million in strategic growth funding to fuel its expansion and enhance its platform, as reported on SecurityWeek. Based on the meeting notes, Bugcrowd has successfully raised $102 million in strategic growth funding, with the intention of using it to expedite its growth and enhance its platform. … Read more
December 20, 2023 at 08:21AM Bugcrowd has updated its Vulnerability Rating Taxonomy with a new system for categorizing and prioritizing vulnerabilities in large language models. The open-source VRT initiative, launched in 2016, aids Bugcrowd and its customer organizations in standardizing vulnerability classification and assessing cybersecurity risks. The update was influenced by the OWASP Top 10 … Read more