Bug Bounty programs are a great way for companies to add a layer of protection to their online assets. A bug bounty program is a crowdsourced penetration testing program that rewards for finding security bugs and ways to exploit them.
For researchers or cybersecurity professionals, it is a great way to test their skills on a variety of targets and get paid well in case they find some security vulnerabilities. The number of companies that have a formal crowdsourced program is increasing and so are the people who want to become a freelance penetration tester. The aspiring bug bounty hunters are of much different knowledge, experience, and skill levels.
Read more at: https://www.geeksforgeeks.org/how-to-get-started-with-bug-bounty/