August 2021 Summaries

Bugcrowd has launched its Researcher Collaboration feature, designed to facilitate partnerships among security researchers while prioritizing privacy and reducing spam through a unilateral relationship model. The new feature aims to increase creativity, innovation, and learning opportunities by allowing researchers to work together on programs, share knowledge, and build lasting relationships. To set up the feature, users can follow 5 easy steps, which include logging in, setting account settings, choosing friends, controlling collaboration requests, and searching for programs to collaborate on. The feature also includes some key considerations, such as the need for both parties to independently add each other, collaboration not being enabled on VDPs, and private program collaborations requiring mutual invitations and additions.

Penetration testing is often performed by large consultancy groups using a "one-size-fits-all" approach, which can lead to less than ideal results as the assigned personnel may not be the right fit for the project. This approach has become outdated due to changing industry needs and compliance regulations, with 56% of security leaders expressing dissatisfaction with their current penetration tests. Traditional methods are being replaced by crowdsourced security platforms like Bugcrowd, which offer more efficient and effective testing methods, reducing time to launch and delivering higher-value findings per test.

I am excited to join the board of Bugcrowd as a fundamental believer in the digital economy and its security, recognizing the importance of people, customer-centricity, and long-term vision in driving innovation and growth. I believe that Bugcrowd's unique approach to combining community power with an exceptional team will enable me to add value to Ashish, Casey, and the entire Bugcrowd team as they scale their business. The company's focus on security, people, and customer-centricity aligns with my own values and principles, making this a compelling opportunity for me to contribute to its success.