Reward ethical hackers with ‘bug bounty’, companies urged

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Australia’s top cyber spies want companies to reward ethical hackers who find flaws in their web defences under a “bug bounty”.

if there had been a means to do so.

“Once a security vulnerability has been disclosed, it can provide organisations with the information required to shape appropriate mitigation steps and decrease the chance of exploitation of the security vulnerability by adversaries. This information can also help organisations’ management understand and address the risk that a security vulnerability may pose to staff, end users and business customers.

“In the United States, the Pentagon uses a bug bounty program to encourage security researchers and security professionals to identify issues with its ICT infrastructure. This is all part of the Pentagon’s overarching vulnerability disclosure strategy,” the ACSC said. Bug bounty programs also need to develop internal and external security flaw disclosure policies, as well as key reporting and communication channels.Home Affairs and Cyber Security Minister Clare O’Neil said the recent high-profile attacks showed Australia needed to strengthen its cyber defences.

 

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