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Latest / Cybersecurity Business with Fexingo: Security Companies, Breaches, and Enterprise Defense

Why Security Teams Are Using Bug Bounty Platforms

In this episode of Cybersecurity Business with Fexingo, Lucas and Luna dive into the booming world of bug bounty platforms. They explore how companies like HackerOne and Bugcrowd have turned vulnerability discovery into a scalable business model, paying ethical hackers millions to find flaws before criminals do. The discussion covers the economics of bug bounties—how payouts are determined, why some companies spend over $1 million annually, and the tension between crowdsourced testing and traditional pentesting. Lucas breaks down the typical bounty lifecycle, from report to payout, and…

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