June 16, 2016
Today, cyber security is one of the major issues keeping chief executives awake at night. Cyber crime is on the rise. According to Juniper Research, data breaches are projected to cost companies $2.1 trillion by 2019.
High profile hacks have highlighted the significant risks in the digital world. But while news outlets focus on the negative effects of cyber security, innovative companies are finding creative ways to keep firms secure, without constraining their staff with complicated IT policies and draconian data restrictions.
Behind Google’s Vulnerability Reward Program, there is a simple idea. If you handsomely reward hackers who find a bug or issue with your software, it’s more likely they’ll flag the issue with you than sell the vulnerability to a malicious crime syndicate.