Hacking has become more frequent, but in a way this is not a bad thing. HackerOne, the vulnerability-reward platform, recently released its annual report on the state of ethical hacking, saying it had 600,000 white hat hackers by 2020, twice the size of last year. And in the past 12 months, these white hat hackers have earned more than $40 million in bounty.
As an important platform for corporate and ethical hackers to communicate to make money by discovering security vulnerabilities, HackerOne says this year’s reward is almost the sum of the rewards of the past few years. Tech giants including GM, Google, Goldman Sachs, Toyota and IBM have worked closely and closely with HackerOne to ensure that security researchers can fix vulnerabilities in a timely manner and avoid greater harm from unethical hacking.
Since its launch in 2012, the company has successfully detected more than 150,000 vulnerabilities and has paid a total of $82 million to ethical hackers on the platform. And ethical hackers are getting more and more cash rewards. In 2018, only one HackOne hacker received a $1 million bounty, compared with seven hackers in 2019 who received more than $1 million. The number of hackers with bonuses of more than $100,000 nearly tripled to 146. This makes the potential earningpower of the hacker profession well higher than the global average IT salary of $89,732 today.
“Governments and government agencies have made significant progress in using and promoting this proven approach to cybersecurity,” HackerOne said. Demand from public institutions increased by 214 per cent year-on-year.”