By Enterprise Security Magazine | Friday, December 04, 2020
Bugcrowd fortifies researcher partnerships by providing timely and secure payments.
FREMONT, CA: Bugcrowd, the crowdsourced cybersecurity platform, pays more than $2 million in rewards to security researchers on behalf of the Samsungs bug bounty program. Bugcrowd has been handling the payment process for Samsung Electronics Mobile Security Rewards Program since September 2017, which is developed to identify key vulnerabilities for all of Samsungs mobile devices, getting monthly and quarterly security updates.
Samsung has tapped into the creativity and skills of security researchers worldwide at scale with the Bugcrowd platform to bring immeasurable value for its proactive security efforts and impart millions of dollars back into its researcher community. The platform creates a force multiplier that allows companies to create a stronger security posture and use Bugcrowd to meet their unique security requirements. The company is thrilled to see Samsung’s program’s success and privileged to assist Samsung in streamlining its security program with rapid and compliant researcher payments.
Big crowds platform uses a purpose-built payments system that meets standard compliance needs across all payments and streamlines their internal processes. This strategy enables Samsung to run an efficient program that continuously meets security testing objectives and ensures researchers receive payments quickly, which results in higher engagement.
The Samsung Mobile Rewards Program is key in the efforts to ensure. Galaxy users are protected against potential vulnerabilities in Bugcrowd’s products and software. The partnership with Bugcrowd has allowed the company to further protect the mobile experience by establishing relationships with the broader research community. Consequently, researchers trust Samsung to securely report their findings and acquire Mobile Rewards payments quickly and easily.