Bug bounty industry, helped by federal business, is growing up fast

Fedscoop: The bug bounty industry — which basically hires and sells the services of freelance hackers who are paid to find weaknesses in systems or products — is seeing a period of rapid growth, in part because of early successes in the federal market.

Chris Bing of Cyberscoop takes a close look at the leaders of the three companies that are making the most noise in the niche industry: Bugcrowd, HackerOne and Synack. All three firms boast platforms that privately funnel information about software and hardware bugs to their customers so that affected parties can fix software flaws.

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