Bug bounty programs reward hackers for discovering vulnerabilities in software systems

There are many different types of bugs ranging from simple text-based errors to complex logic flaws and memory corruption.

Vulnerabilities may exist due to human error (such as a programming mistake), design flaws, implementation mistakes, lack of testing or improper maintenance.

A bug bounty program provides incentives to people who find these vulnerabilities for fixing them before others do.

Vendors often offer cash bounties for reported security issues, while others offer gift cards, free services, or discounts for those who report bugs.

In some cases, companies will develop their own custom rewards plans, and many organizations sponsor bug bounty contests.

While the number of vendors offering bug bounties may seem daunting at first, most major tech companies publish known vulnerabilities and reward the people who discover them.

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