Ethical hackers are earning more than $1 million during the pandemic
The social distancing caused by the coronavirus pandemic has spurred the hunt for bugs in online services, which can yield high cash rewards. According to the HackerOne platform, at least nine “good hackers” have made more than $1 million by reporting security problems over the past few months.
According to the company that connects companies and security experts, quarantine has increased the free time for bug hunters. According to the data, about 38% of users of the platform’s users have increased their working time since the beginning of the pandemic.
Another company in the industry, YesWeHack also recorded growth in the search for bugs. The company that employs 22,000 hackers said that the number of security problems encountered in 2020 was twice that of the previous year.
With the intense hunt, some hackers have managed to increase their earnings considerably. A specialist from Romania started working with online security at HackerOne two years ago and, even with a short time in his career, managed to raise $ 2 million in services.
HackerOne and YesWeHack’s main service is the connection between companies and security specialists willing to search for bugs in systems and services. Platforms charge a fee to make this contact, but facilitate the search for jobs.
The payoff for failure varies depending on the severity of the problem and the amounts can range from $140 to millionaire amounts: Google has already spent more than $ 3 million in compensation for bug hunters. Katie Paxton-Fear, a professor at the University of Manchester, revealed to the BBC that she earned about $ 16,000 in a year hunting for bugs working only during her spare time.