How do bug bounty platforms work?

Some of the most popular bug bounty platforms include the aforementioned HackerOne, Bugcrowd, Synack, Intigriti, Cobalt, Immunefi, and YesWeHack, among others. These platforms offer various tools and features to help companies manage their bug bounty programs, and allow bug hunters to find and report security issues effectively.

Bug hunters can register on these platforms and search for bug bounty programs that are a good fit for their skills and experience. Once they find a program that interests them, they can start looking for security issues and report them through the platform. Companies then review the reports and award bug bounties to the bug hunters for their work.

Bug bounty rewards vary by platform and program, but can be significant, reaching hundreds of thousands of dollars for finding critical vulnerabilities. In addition to financial compensation, bug hunters can gain recognition for their work and build their reputation in the...