What is a bug bounty program?

A Bug Bounty Program is an initiative offered by organizations that invites ethical hackers and security researchers to identify and report vulnerabilities in the company’s software, websites, or systems. Participants are typically rewarded with monetary compensation, recognition, or other incentives based on the severity of the bugs they find. These programs help organizations strengthen their security by leveraging the broader cybersecurity community, thus identifying issues before malicious hackers can exploit them. Bug bounty programs are widely used by tech companies to enhance security and build trust with users.