Netgear launches Bug Bounty Program for Hacker; Offering up to $15,000 in Rewards
January 10, 2017
Seid Yassin (370 articles)
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Netgear launches Bug Bounty Program for Hacker; Offering up to $15,000 in Rewards

Netgear launched on Thursday a bug bounty program to offer up to $15,000 in rewards to hackers who will find security flaws in its products.

Since criminals have taken aim at a rapidly growing threat surface created by millions of new Internet of things (IoT) devices, it has become crucial to protect routers that contain the keys to the kingdom that connects the outside world to the IP networks that run these connected devices.

To combat this issue, Netgear, one of the biggest networking equipment providers in the world, has launched a bug bounty program focusing on its products, particularly routers, wireless security cameras and mesh Wi-Fi systems.

Bug bounty programs are cash rewards given by companies or organizations to white hat hackers and researchers who hunt for serious security vulnerabilities in their website or products and then responsibly disclose for the patch release.

Bug bounties are designed to encourage security researchers, hackers and enthusiasts to responsibly report the vulnerabilities they discovered, rather than selling or exploiting it.

On Thursday, Netgear announced that the company has partnered up with Bugcrowd to launch Netgear Responsible Disclosure Program that can earn researchers cash rewards ranging from $150 to $15,000 for finding and responsibly reporting security vulnerabilities in its hardware, APIs, and the mobile apps.

Meanwhile, on the same day, The Federal Trade Commission (FTC) filed a lawsuit against D-Link, another large networking equipment providers, arguing that the company failed to implement necessary security protection in its routers and Internet-connected security cameras that left “thousands of consumers at risk” to hacking attacks.

 

Source | thehackernews