What is Bug bounty program
Bug bounty program offered by many companies. In this program they will reward individuals for reporting or escalating the bugs in their software. Many software and other companies conduct bug bounty programs and reward cash or other kind of rewards to software security researchers for reporting the bugs. They will officially conduct this programs to find out the bugs in their programs.
Reasons for Conducting Bug bounty programs
When designing an application programmers think about business logic or how the data model to be, and also how the UI interface is going to be designed. But while working on these things sometimes some bugs or you can say some security issues left out in the software. There not intentionally created, but they will cause a security threat to the software. Security experts of that company may not test all the probabilities for the bugs. This unintentionally created bugs may cause major security threats to the software.
To avoid such kind of security threats in future, the companies will offer a Bug bounty program. They will officially give the permission to test their software in different aspects. They will conduct a program called bug bounty program to find out the bugs. Now from all over the world, the software experts test the software. If they found any kind of security threats in the software, they will report them to the company in a given format. If the company thinks that the bug is valid and can be fixed. The person reported the bug will get some rewards that may be in the form of cash or as per the program guidelines.
How to Join Bug Bounty Program
One thing is clear that not all the companies are going to give the permission to test their software. If anyone reports a bug, they may take reverse action also. If you want to be a serious bug bounty member, there are so many websites offer you to test their software by registering their official programs. Do check for the official announcement regarding bug bounty program in their official websites. Read all the guidelines before going to do anything. After reading all the guidelines, proceed as per the guidelines stated. Also report the bugs in the prescribed format specified by the company.
How much money can be earned
Nowadays so many companies are offering bug bounty programs. They also pay the reward for reporting a bug. This reward will be in the form of cash or in the form of T-Shirts, Tea Cups or any others. If the reward is in the form of cash payments this many vary from few dollars to thousands dollars. This will depend on the severity of the bug you have reported. If the company thinks that, the reported bug is much critical. Then the company will offer you huge reward. If the bug is not much critical then the reward also less. Read the all guidelines before joining into the bug bounty program. So that you will get an idea about the program.