Bugcrowd Reports Ethical Hackers Prevented $27B in Cybercrime
By John P. Mello Jr. November 17, 2021 4:00 AM PT Email Article
Over the last year, ethical hackers have prevented more than US$27 billion in #cybercrime, according to a report released Tuesday by a leading bug bounty platform.
In its annual Inside the Mind of a Hacker report, Bugcrowd maintained that ethical hackers working on its platform were able to prevent those cybercrime losses to organizations by exposing vulnerabilities that would otherwise have gone undetected.
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.