The Security Ledger Podcast

The Security Ledger Podcast


Episode 229: BugCrowd’s Casey Ellis On What’s Hot In Bug Hunting

November 03, 2021

When the first bugs for cash programs emerged almost two  decades ago, they were controversial. Programs like  iDefense Labs Vulnerability Contributor Program (VCP) (launched in 2002) and TippingPoint’s Zero Day Initiative (2005) were accused -at the time- of incentivizing the work of criminals and bad actors. 

Today, however, bug bounty programs are part and parcel of the software industry. Companies like Microsoft, Google and Apple all offer them, as well as countless other software firms. In recent years, even “old economy” industrial and manufacturing firms like Ford, GM and John Deere got into the act.

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That has spurred growth in the demand for vulnerability hunters. These days, talented bug hunters and pen testers can make six figure salaries – or higher – on crowdsourced bug bounty marketplaces: finding and reporting flaws in software in accordance with corporate bug bounty programs. 

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Casey Ellis is the CTO and Founder of BugCrowd.

But standing up a bug bounty program is no easy task. Apple, for example, has faced criticism for how it manages its disclosure program, with many vulnerability researchers claiming the company is too slow to address issues they report. For the countless other companies without big budgets and deep roots in the information security community, the logistics of standing up a bounty program and managing the flow of submissions are daunting. For those firms, bug bounty platforms have been a critical bridge to the global community of “white hat” security pros.

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In the last decade, such programs have become a staple of countless software security and software assurance programs: crowd sourcing the work of finding and reporting software flaws that leverages the “wisdom of the crowd.”

BugCrowd: Bug Bounty Programs 10 Years On

What does it take to stand up a bounty program? And what skills are in demand on the bug bounty marketplaces today? To answer those questions, we invited Casey John Ellis into the studio. Casey is the founder and Chief Technology Officer at BugCrowd, an online marketplace that helps connect independent bug hunters, pen testers and software security experts with software publishers of every stripe. 

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