$ 300 Million for Vulnerabilities: HackerOne Report Motivates Ethical Hackers to Work Harder

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Can competent information security specialists really become dollar millionaires?

A significant moment has come in the field of cybersecurity — HackerOne, a leader in the field of increasing resistance to cyber attacks, announced the payment of more than $ 300 million in rewards to ethical hackers under the Bug Bounty program.

Such a large sum was divided among the most successful specialists in protecting the digital space, who proved their effectiveness and importance by identifying vulnerabilities in software.

Some of the lucky ones are particularly prominent individuals: 30 hackers became millionaires, and one of them, known online as @ codecancare, was able to earn an impressive four million dollars, showing that professionalism in cybersecurity can be very profitable.

The published HackerOne report reveals current trends and innovations in the field of cybersecurity. It turns out that ethical hackers are rapidly expanding their skills and exploring new tools. Innovations include the use of generative artificial intelligence, which helps more than 60% of hackers improve the quality of their reports, create code, and successfully overcome language barriers.

The fintech industry, including cryptocurrencies and blockchain, especially attracts white hackers with the promise of generous rewards.

The HackerOne report also highlights what motivates and deters ethical hackers. The main incentive is, of course, financial reward, as well as the thirst for knowledge and the desire to solve complex problems. However, slow response, inefficient communication, and low rewards for minor bugs are factors that reduce interest in such projects.

Overall, the HackerOne report shows the extent of ethical hackers influence on the information security industry and confirms the importance of their contribution to protecting the digital environment in 2023.

Would you like to become a "white hat" yourself and professionally search for bugs for large rewards?
 
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