HackerOne Report Shows Bug Bounty Industry and Bounty Rewards Are On the Rise Globally
27.6.2017 14:00 | Business Wire
HackerOne, the leading bug bounty and vulnerability disclosure platform provider, today published “The 2017 Hacker-Powered Security Report” that examines over 800 hacker-powered programs from organizations including Airbnb, GitHub, General Motors, Intel, Lufthansa, Nintendo, U.S. Department of Defense, Uber, and more. Findings are based on nearly 50,000 resolved security vulnerabilities and more than $17 million in bounties awarded -- the world’s largest platform dataset.
With data breaches averaging $4 million in losses globally and the downtime caused by attacks like WannaCry costing upwards of $8 billion, the most security conscious organizations are working with hackers to find unknown vulnerabilities. Hacker-powered security provides a way to identify high-value vulnerabilities faster, leveraging the creativity of the world’s largest ethical hacker community. The report data reveals that hackers are finding severe vulnerabilities and getting paid for it, with 32 percent of resolved vulnerabilities classified as high to critical severity, and top rewards reaching $30,000 USD for a single report.
Hackers in over 90 countries are earning bounty rewards. The most competitive organizations are awarding hackers nearly $900,000 USD a year, with critical vulnerabilities earning $1,923 on average. In the past 12 months, 88 individual bug bounties rewards were over $10,000 USD.
“Hacker-powered security programs are undeniably effective at finding vulnerabilities organizations never knew existed,” said Alex Rice, CTO and founder, HackerOne. “The report showcases the success of these programs and the diverse capabilities of the global hacker community, with nearly 50,000 security vulnerabilities resolved.”
The 2017 Hacker-Powered Security Report Key Findings:
- Bug bounties aren’t just for technology companies. While over half of bug bounty programs launched in 2016 were by technology companies, 41 percent were from other industries. Verticals showing significant year-over-year growth include government agencies, like the U.S. Department of Defense, media and entertainment, financial services and banking, and ecommerce and retail.
- Customers’ security response efficiency is improving: The average time to first response for security issues is 6 days in 2017, compared to 7 days in 2016. Ecommerce and retail organizations fix security issues in four weeks, the fastest on average.
- Responsive programs attract top hackers. Programs that are the fastest at acknowledging, validating, and resolving submitted vulnerabilities are the most attractive to hackers. Loyalty matters — repeat hackers are to thank for the majority of valid reports.
- Bounty payments are increasing. The average bounty paid to hackers for a critical vulnerability is $1,923 in 2017, compared to $1,624 in 2015 — an increase of 16 percent. The top performing bug bounty programs award hackers an average of $50,000 USD a month, with some paying around $900,000 a year.
- Vulnerability disclosure policies. Despite increased bug bounty program adoption and recommendations from federal agencies, 94 percent of the top publicly-traded companies still do not have known vulnerability disclosure policies — unchanged from 2015.
The most authoritative report on bug bounties and hacker-powered security
The 2017 Hacker-Powered Security Report examines data collected from over 800 bug bounty and vulnerability disclosure programs around the world. The report includes analysis of nearly 50,000 vulnerabilities resolved from over 13 industries, plus insight from more than 600 customers and over 100,000 registered hackers. HackerOne also analyzed vulnerability disclosure policy data from the Forbes Global 2000 to better understand hacker-powered security adoption. The 2017 Hacker-Powered Security Report is based on the most comprehensive platform dataset, and it provides insight into the adoption rate of bug bounties, pricing strategies, hacker motivations, and more.
The full report is available at: https://www.hackerone.com/resources/hacker-powered-security-report
HackerOne is the #1 hacker-powered security platform, connecting organizations with the world’s largest community of trusted hackers. More than 800 organizations, including the U.S. Department of Defense, General Motors, Uber, Twitter, GitHub, Nintendo, Kaspersky Lab, Panasonic Avionics, Qualcomm, Square, Starbucks, Dropbox and the CERT Coordination Center trust HackerOne to find critical software vulnerabilities before criminals can exploit them. HackerOne customers have resolved nearly 50,000 vulnerabilities and awarded more than $17M in bug bounties. HackerOne is headquartered in San Francisco with offices in London and the Netherlands.
Om Business Wire
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
XILAM Successfully Completes €15m Bond Issue on Euro PP Market27.7.2017 17:42 | Pressemelding
Regulatory News: Xilam (Paris:XIL) today announced the completion of its Euro PP bond issue. The €15 million private placement, repayable at maturity, was subscribed by the NOVI 2 fund managed by Idinvest Partners on behalf of institutional investors and by a European insurer. The bonds have a 6-year maturity, and will be issued in two tranches: The first tranche will be at a variable rate of 6-month EURIBOR* + 400 bp The second tranche will be at a fixed rate of 3.5%. Favourable terms were obtained for the issue with successive drawdown options (limited to 18 months), which will allow the company to optimise the cost of its debt according to its needs. Xilam was advised on the transaction by Euroland Corporate. “We are delighted to have successfully completed this financing transacti
SFL – First-Half 2017 Results27.7.2017 17:00 | Pressemelding
Regulatory News: The interim consolidated financial statements for the six months ended 30 June 2017 were approved by the Board of Directors of Société Foncière Lyonnaise (Paris:FLY) on 27 July 2017, at a meeting chaired by Juan-Jose Brugera. First-half business indicators were robust, thanks to the high portfolio occupancy rate, while the period also saw gains in the portfolio's appraisal value and the Company's net asset value. The auditors have completed their review of the interim financial statements. Consolidated data (€ millions)
Boehringer Ingelheim starts clinical study on interchangeability between its adalimumab biosimilar candidate and HUMIRA®27.7.2017 13:00 | Pressemelding
Boehringer Ingelheim announced today that the first patient has been enrolled into its VOLTAIRE-X interchangeability study. The goal of the study is to demonstrate that BI 695501 is interchangeable with the U.S.-marketed formulation of Humira®* 40mg/0.8mL. This is the first study in the U.S. to investigate an interchangeability designation for an adalimumab biosimilar candidate. The study will compare the pharmacokinetics and clinical outcomes between patients receiving Humira® continuously, versus those who switch repeatedly between Humira® and BI 695501, Boehringer Ingelheim’s adalimumab biosimilar candidate.1 The study will also assess safety, immunogenicity and efficacy.1 “We are pleased that the first patient has now been enrolled in VOLTAIRE-X, and look forward to continued recruitment and patient follow-up,” said Ivan Blanarik, Senior Vice President and Head of
Acxiom Launches Connected Spaces27.7.2017 12:30 | Pressemelding
Today, Acxiom® (Nasdaq: ACXM), in collaboration with Adobe, announced the launch of Connected Spaces, a global solution aimed at delivering more relevant omnichannel experiences to customers. Connected Spaces is designed to revolutionise customer experience and business returns for retail, travel and leisure locations such as airports, malls, sports stadiums, concert arenas and resorts. A pioneering example is Heathrow airport. Heathrow is able to deliver more relevant communications to customers in real-time as part of its overall engagement strategy and is already generating exceptional results including an increase in spend of 20-25 percent for engaged customers. Common to airports, malls and the like is a high footfall of consumers who intend to visit multiple concession, franchise, or subcontracted brands operating in their environments. This can translate to a relative
Watch BizWireTV: Helix Brings DNA Kits to the Public and Michael Kors Gets Ready to Buy Jimmy Choo27.7.2017 12:08 | Pressemelding
On the latest BizWireTV, catch the latest Quick Biz Hits. Also see what’s happening in the startup world with the Accelerator Report, featuring the VC Watch and this week’s Startup Standout. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170727005456/en/ BizWireTV is hosted by Jordyn Rolling (Photo: Business Wire) Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands, on any screen you want by downloading the new app through the Apple TV and iPhone App Store and Google Play for Android devices. Top of the Wire Helix launches first online consumer marketplace for DNA-powered products that offer insights on ancestry, entertainment, family, fitness, health and nutrition. Watch BizWireTV to
European Commission Grants Orphan Drug Designation to Allena Pharmaceuticals’ Investigational Therapy for the Treatment of Primary Hyperoxaluria27.7.2017 11:05 | Pressemelding
Allena Pharmaceuticals, Inc., a specialty biopharmaceutical company dedicated to bringing first in class, specific, non-absorbed, oral enzyme therapeutics to patients with serious renal, urologic and orphan diseases, announced today that the European Commission has granted orphan drug designation to Allena’s investigational product ALLN-177, Bacillus subtilis oxalate decarboxylase, for the treatment of primary hyperoxaluria (PH). The orphan designation was granted to Allena Pharmaceuticals Ireland Limited, a subsidiary of Allena Pharmaceuticals, Inc. Allena’s lead compound ALLN-177, is being developed to treat patients with severe hyperoxaluria, a condition characterized by markedly elevated urinary oxalate excretion. PH, a type of severe hyperoxaluria, is a rare genetic disorder caused by endogenous overproduction of oxalate by the liver that can result in kidney stone disease, kidney
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom