Product details

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Abstract

Founded in 2012, Bugcrowd, pioneered the crowdsourced security platform and offered bug bounty, vulnerability disclosure as well as next generation penetration testing to its customers with the help of its curated and vetted community of security researchers. The company offered its crowdsourced security services to more than 50 industry sectors around 30 countries in the world. Bugcrowd was the largest crowdsourced security platform in the world and due to its innovative offering, it was ranked among the most innovative companies in the world during 2019. With the help of its flagship product, Crowdcontrol, the company was able to resolve as well as uncover security bugs in the various products of its customers. Subsequently, Bugcrowd became a trusted aid for many big companies such as Motorola, Tesla, HP, Square, Mastercard, Fitbit, Western Union and TripAdvisor, etc. However, the company was facing tough competition from its key rivals namely HackerOne and Synack. In addition to this, maintaining the trust between the enterprises and the security researchers was a key issue. Amidst this scenario, would Bugcrowd be able to sustain its success with the help of its ambitious executives as well as innovative products?

Teaching and learning

This item is suitable for postgraduate courses.

Time period

The events covered by this case took place in 2019.

Geographical setting

Region:
World/global

About

Abstract

Founded in 2012, Bugcrowd, pioneered the crowdsourced security platform and offered bug bounty, vulnerability disclosure as well as next generation penetration testing to its customers with the help of its curated and vetted community of security researchers. The company offered its crowdsourced security services to more than 50 industry sectors around 30 countries in the world. Bugcrowd was the largest crowdsourced security platform in the world and due to its innovative offering, it was ranked among the most innovative companies in the world during 2019. With the help of its flagship product, Crowdcontrol, the company was able to resolve as well as uncover security bugs in the various products of its customers. Subsequently, Bugcrowd became a trusted aid for many big companies such as Motorola, Tesla, HP, Square, Mastercard, Fitbit, Western Union and TripAdvisor, etc. However, the company was facing tough competition from its key rivals namely HackerOne and Synack. In addition to this, maintaining the trust between the enterprises and the security researchers was a key issue. Amidst this scenario, would Bugcrowd be able to sustain its success with the help of its ambitious executives as well as innovative products?

Teaching and learning

This item is suitable for postgraduate courses.

Settings

Time period

The events covered by this case took place in 2019.

Geographical setting

Region:
World/global

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