Software industry turns to crowdsourced security during the pandemic
Among the many things that have changed in 2020 it s proved to be a record year for crowdsourced cybersecurity adoption, according to Bugcrowd.
Enterprises across all industries have been implementing crowdsourced cybersecurity programs to keep up with the evolving threat landscape. Bugcrowd has seen a 50 percent increase in submissions on its platform in the last 12 months, including a 65 percent increase in Priority One (P1) submissions, which refer to the most critical security vulnerabilities.
Vulnerability submissions were up 24 percent in the first ten months, compared to all of 2019. Across the board, computer software companies have paid out almost five times as much as any other industry for submissions. Most notably, P1 submissions in the software industry nearly tripled in 2020.