What is Bug Bounty?

 All About Bug Bounty Program

    

What is Bug Bounty?

I think many of you heard about Bug Bounty in linkedIn, Youtube, etc. Bug Bounty is a program offered by many Software Industries, Companies, Organisations by which you can get recognition as well as reward in the form of cash.

The first Bug Bounty Program was released in 1983 for developers to hack Hunter & Ready’s Versatile Real-Time Executive Operating System. If a developer reported a bug, they would receive a Volkswagen Beetle car as a reward.Bug Bounty allows programmers to resolve bugs before the user gets aware of it and preventing incidents of widespread abuse.This program is implemented in many companies and organisations like Google, Facebook, Amazon, etc.

In below picture you can get clear review of Microsoft BugBounty Program  :

Picture Source : Microsoft Security Response Center.

Why do companies use Bug Bounty Program?

Bug bounty programs give companies the ability to control large group of hackers in order to find bugs in their code. This gives them access to a larger number of hackers or testers. It will help many companies/organisations to find the bugs and fix them with out giving chance to malicious hackers.It helps companies/Organisations to find the bugs before user gets aware of it.This trend is likely to continue, as some have started to see bug bounty programs as an industry standard which all organisations should invest in.

How to become Bug Bounty Hunter?

In order to find bugs in any platforms you need to understand how web applications work and the architecture of apps. Solid understanding of some network fundamentals ,SQL database , web components like HTML, CSS, php and Javascript will increase the opportunity of  analysing some vulnerabilities but you shouldn't be an expert for all of them.
Also if you have some knowledge in python , it will be an added value to create your own tools that will help you to achieve a specific goal that other tools won’t do it for you.

Conclusion :

You will find a lot of bug bounty platforms , differing from each other in some points but still doing the same target which is helping corporates to secure their software assets and using the skills of security researchers in an ethical way. Sometimes bug bounty becomes very competitive with many people applying to the same bug on the same site or same program. That's why private bug bounties which provide less hackers access to the target might be better. However, you will need to pass through a tough process before starting receiving your first job as a BUG BOUNTY hunter.

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