HackerOne Reports $300M Motivates Ethical Hackers

Significant Rewards Paid to Ethical Hackers by Hackerone

A significant point has come in the field of cybersecurity – Hackerone, a leader in the field of increasing stability to cyber attacks, announced the payment of more than 300 million dollars of rewards to ethical hackers as part of the Bug Bounty program.

The large sum of money has been divided among the most successful specialists in digital space protection who have demonstrated their effectiveness and significance by identifying vulnerabilities in software.

Among the recipients of these rewards, there are exceptional individuals. Thirty hackers have become millionaires, and one particular hacker, known on the network as @codecancare, has earned an impressive sum of four million dollars, showcasing the profitability of cybersecurity professionalism.

The published report by Hackerone reveals current trends and innovations in the field of cybersecurity. It highlights that ethical hackers are rapidly expanding their skills and exploring new tools. One notable innovation is the use of generative artificial intelligence, which has helped more than 60% of hackers improve the quality of their reports, code creation, and overcome language barriers.

The fintech industry, including cryptocurrencies and blockchain, particularly attracts white hackers due to the promise of generous rewards.

The Hackerone report also sheds light on the motivation and deterrents for ethical hackers. The main incentive is, of course, financial rewards, as well as the thirst for knowledge and the desire to solve complex problems. However, slow response times, ineffective communication, and minor rewards for small bugs are factors that diminish interest in such projects.

In general, the Hackerone report demonstrates the scale of influence ethical hackers have on the cybersecurity realm and confirms the significance of their contribution to the defense of the digital environment in 2023.

/Reports, release notes, official announcements.