Bounty Craft : Indian Researchers leads in Bug Bounty payouts

What is Bug Bounty Program?

A bug bounty program is a deal offered by many websites and software developers by which individuals can receive recognition and compensation for reporting bugs, especially those pertaining to exploits and vulnerabilities.

A bug bounty program, also called a vulnerability rewards program (VRP).

These programs allow the developers to discover and resolve bugs before the general public is aware of them, preventing incidents of widespread abuse.

Indian Researchers : Bug Bounty

India, which has the second largest number of bug hunters in the world, tops the Facebook Bug Bounty Program with the largest number of valid bugs.

“Researchers in Russia earned the highest amount per report in 2013, receiving an average of $3,961 for 38 bugs. India contributed the largest number of valid bugs at 136, with an average reward of $1,353. The USA reported 92 issues and averaged $2,272 in rewards. Brazil and the UK were third and fourth by volume, with 53 bugs and 40 bugs, respectively, and average rewards of $3,792 and $2,950”, Facebook quoted in a post.

Interesting story of a Indian Bug Bounty Hunter : Shubham Gupta

Google has raised its top reward for remote code execution bugs in its Google, Blogger and YouTube domains from an even $20,000 to $31,337, marking a 50 percent rise plus a bonus $1,337 or ‘leet‘ reward. It’s also bumped up its ‘Unrestricted file system or database access’ reward by 30 percent plus ‘leet’ to $13,337.
Only a handful of Indian companies are willing to bug bounty hunters look at their code. The few that do are startups like Paytm, Ola, Mobikwik.

References :
https://en.wikipedia.org/wiki/Bug_bounty_program
https://www.facebook.com/BugBounty/
https://bugcrowd.com/list-of-bug-bounty-programs
https://hackerone.com/internet-bug-bounty

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