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HackerOne Surpasses $230 Million in Paid Bug Bounties

By Ionut Arghire on December 14, 2022

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Bug bounty platform HackerOne says moral hackers have recognized and reported greater than 65,000 software program vulnerabilities in 2022.

The favored hacker-powered platform, which hosts bug bounty applications for each non-public and public organizations, together with authorities companies, has paid out a complete of $230 million in bug bounties since its inception.

Thus far, 22 hackers submitting vulnerability experiences by way of HackerOne have earned over $1 million in bounties, up from 12 in 2021.

“Stories for vulnerability sorts usually launched by digital transformation have seen essentially the most vital development with misconfigurations rising by 150% and improper authorization by 45%,” HackerOne notes in its newest annual report.

HackerOne experiences that the general time to remediation has elevated from 35 to 37 days. Aviation and aerospace firms had been the slowest to patch, with a median time to remediate of 148.three days, adopted by medical expertise organizations, at 73.9 days. Cryptocurrency and blockchain corporations had been the quickest, with 11.6 days to remediate.

“A restricted scope places off 50% of hackers, however gradual response time and poor communication are the problems which can be most probably to forestall a hacker reporting a vulnerability,” the report reveals.

Based on HackerOne, organizations have to implement efficient vulnerability reporting means, as 50% of hackers selected to not disclose the recognized safety points as a result of the impacted entities didn’t have a vulnerability disclosure program. Others (12%) had been deterred by threatening authorized language.

Cross-site scripting (XSS) vulnerabilities earned moral hackers the biggest sum of money in 2022, adopted by improper entry management bugs and data disclosure flaws. Insecure direct object reference (IDOR) and improper authorization rounded up the highest 5.

The report additionally reveals that 95% of the hackers deal with figuring out vulnerabilities in web sites, whereas 24% of them deal with cloud platforms.

HackerOne says it has noticed an general 45% enhance in program adoption, with organizations within the pharmaceutical sector registering the very best enhance, at 700%. The automotive, telecommunications, and cryptocurrency and blockchain industries additionally registered excessive program adoption, at 400%, 156%, and 143% development, respectively.

Associated: HackerOne Luggage $49 Million in Collection E Funding

Associated: Apple Paid Out $20 Million through Bug Bounty Program

Associated: Google Boosts Bug Bounty Rewards for Linux Kernel Vulnerabilities

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