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.

Published Thu, Dec 11 2014 7:14 AM CST   |   Updated Tue, Nov 3 2020 12:12 PM CST

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.

Tech companies largely relying on hackers to find exploits for them | TweakTown.com

"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.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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