The use of hackers by companies to help protect their data has long
grown from a secret affair to a well-known practice. The list of big companies
that use this method has some of the world's top companies in them. If a
business deals with sensitive data, then it knows how valuable it is and how
destructive it can be if it falls into the wrong hands.
Companies like Uber, Twitter, General Motors, Yahoo, Microsoft,
Facebook, Google, you just name it. The list just goes on and on with more big
names in it as players. So it is not out of place for cyber insurance companies
to look towards replicating such approach for some of its clients. No matter
how good a company's security team is, it is always profitable to include a
hacker to the team. Basically hackers see flaws and vulnerability in any
system.
Google had recently increased its public bug bounty program reward from
$50,000 to $100,000. Basically what this program is after is to get hackers
that can successfully find vulnerability and break into its Chrome software.
Uber recently offered $10,000 to anyone that can successfully find a bug in
their system. It has becomes imperative to include hackers in this fight
against cyber-attacks and every business out there should take this a clue from
this approach.
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