HackerOne claims that after reporting security vulnerabilities via the vulnerability coordination and bug bounty platform, five more hackers have become millionaires.
Santiago Lopez, 19, known as @try to hack, was the first one to exceed the $1 million HackerOne goal in March 2019.
It has 1676 safety defects in the internet assets of businesses such as Twitter, HackerOne, Automattic, Verizon, private businesses and even the U.S. government.
“Now, Mark Litchfield (@mlitchfield) from the U.K., Nathaniel Wakelam (@nnwakelam) from Australia, FransRosen (@fransrosen) from Sweden, Ron Chan (@ngalog) from Hong Kong, and Tommy DeVoss (@dawgyg) from the U.S. joined the $1M hacker ranks by hacking for improved internet security,” adds HackerOne.
The complete amount is six scientists who have earned more than 1 million dollars since the platform began to link penetration testing companies and safety scientists to companies worldwide.
$62 million in bounties paid in total
The hacker earns cash benefits every time they report a safety vulnerability in the software of organisations running bug-bounty programs on the HackerOne platform.
“A hacker reports a vulnerability every five minutes. A hacker partners an organisation on HackerOne every 60 seconds,” states HackerOne. The HackerOne 2019 Hacker-Powered Security Report also released today, which has found that over 123,000 problems have been addressed in terms of safety, more than 1,400 client programs and over $62 million in bounties paid to hackers from more than 150 nations, demonstrates that more serious vulnerabilities have been identified in the report.
Since more than 25% of the faults identified were categorized as large to critical in the last year alone, and the greater the error, the more hackers are gaining more and more cash.
$21 million in bounties paid last year
The average critical vulnerability bug bounty paid out to researchers grew to $3,384, up from $2,281, a spring of 71% over the 2016 average of $1,977 in all industries concerned, 48% compared to the last year.
“The most competitive programs such as Google, Microsoft, Apple and Intel today provide individual bounty prizes for critical problems as high as $1.5 billion,” claims HackerOne.
In all, safety scientists reporting vulnerabilities with HackerOne bug bounty programs gained $21 million over the past year, up by $10 million compared to the previous year.
Credit: Bleeping computers