Tech content trusted by users in North America and around the world
7,248 Reviews & Articles | 52,578 News Posts

Tech companies largely relying on hackers to find exploits for them

Tech companies want to pay researchers and hackers to identify software and security flaws before cybercriminals can exploit them
By: Michael Hatamoto | Hacking & Security News | Posted: Dec 11, 2014 1:14 pm

Major technology companies want to hire hackers to help identify potential software vulnerabilities before products are released - and real cybercriminals are able to exploit any problems. The "bug bounties" program is being embraced by Facebook, Mozilla, Google and other major Silicon Valley companies, providing thousands of dollars to help identify bugs.




"The trajectory we're on now is completely unsustainable," said Vikram Phatek, NSS Labs CEO, when discussing the current cybersecurity landscape. "There will not be a person in the country who will not have a compromised computer if this goes on. We are ripe for having a major catastrophe."


Despite some resistance from companies weary of paying outside sources to identify security flaws, trying to prevent cybersecurity data breaches will remain a major effort. However, compromising widely used software is a lucrative effort for cybercriminals, with more money seemingly available on the black market.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts
View Our Latest Videos

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases