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Some freelance hackers can get paid $500, 000 a year to test defenses of companies like Tesla
From: InfoSec News <alerts () infosecnews org>
Date: Thu, 13 Dec 2018 10:03:11 +0000 (UTC)
https://www.cnbc.com/2018/12/12/freelance-hackers-get-paid-to-test-the-defenses-of-firms-like-tesla.html By Kate Fazzini CNBC.com 12 Dec 2018Freelance elite hackers can make more than $500,000 a year searching for security flaws and reporting those issues at big companies like Tesla and organizations like the Department of Defense, according to new data released by ethical hacking platform Bugcrowd.
The company, founded in 2012, is one of a handful of so-called "bug bounty" firms that provide a platform for hackers to safely chase security flaws at companies that want to be tested.
Hackers work on a clearly defined contract for a specific company and get paid a bounty when they are able to find a flaw in a company's infrastructure. How much they're paid depends on how serious the problem is.
Companies are increasingly looking for alternatives for cybersecurity testing as millions of jobs in the field go vacant, said Bugcrowd CEO Casey Ellis. By some estimates, as many as 3.5 million cyber jobs may be left open by 2021.
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