Video communications giant Zoom this week announced that it paid out roughly $1.8 million in bug bounty rewards in 2021.
The company launched its bug bounty program on the HackerOne platform in 2019, and says it has handed out more than $2.4 million in bounty payouts to date.
Although only 401 vulnerability reports were rewarded last year, the bug bounty program has attracted more than 800 hackers, the company says.
“This past year, our Vulnerability Management and Bug Bounty (VMBB) team focused on navigating a competitive recruitment landscape and attracting more ‘rock star’ security researchers to join our program by providing them with an excellent experience,” Zoom says.
[ READ: 1Password Increases Top Bug Bounty Reward to $1 Million ]
Throughout 2021, Zoom made a series of updates to its bug bounty program, such as making it clearer for hackers what bounty amounts their reports may qualify for, and increasing the top bounties to $50,000.
Also in 2021, Zoom launched a public Vulnerability Disclosure Program (VDP), allowing all researchers to submit vulnerability reports, and introduced a VIP Bug Bounty program, focused on the licensed versions of Zoom solutions.
Last year, the company also focused on improving response time and bounty payout time, and also hosted a series of meetings with security researchers.
Related: Google Paid Out $8.7 Million in Bug Bounty Rewards in 2021
Related: Coinbase Pays $250K for ‘Market-Nuking’ Security Flaw
Related: Salesforce Paid Out $12.2 Million in Bug Bounty Rewards to Date
More from Ionut Arghire
- Android’s June 2023 Security Update Patches Exploited Arm GPU Vulnerability
- Blumira Raises $15 Million for SMB-Tailored XDR Platform
- KeePass Update Patches Vulnerability Exposing Master Password
- Google Workspace Gets Passkey Authentication
- Cybersecurity Startup Elba Raises €2.5 Million for Employee-Focused Product
- Apple Unveils Upcoming Privacy and Security Features
- Dozens of Malicious Extensions Found in Chrome Web Store
- Microsoft Makes SMB Signing Default Requirement in Windows 11 to Boost Security
Latest News
- OWASP’s 2023 API Security Top 10 Refines View of API Risks
- Android’s June 2023 Security Update Patches Exploited Arm GPU Vulnerability
- ChatGPT Hallucinations Can Be Exploited to Distribute Malicious Code Packages
- Blumira Raises $15 Million for SMB-Tailored XDR Platform
- Microsoft Will Pay $20M to Settle US Charges of Illegally Collecting Children’s Data
- KeePass Update Patches Vulnerability Exposing Master Password
- AntChain, Intel Create New Privacy-Preserving Computing Platform for AI Training
- Keep Aware Raises $2.4M to Eliminate Browser Blind Spots
