Company
Date Published
Author
Bugcrowd
Word count
493
Language
English
Hacker News points
None

Summary

As the world navigates the challenges of the pandemic, cybersecurity statistics offer a glimmer of hope. With a 500% increase in cyberattacks and seven times more ransomware, it's clear that the threat landscape has become increasingly complex. However, this complexity also presents opportunities for businesses to invest in security, with Bugcrowd reporting a 50% increase in vulnerability submissions and a 65% increase in most critical vulnerability submissions. Additionally, 79% of organizations felt at least moderately prepared for remote work from a security perspective, with hardware manufacturers responding to the surge in black market values of home office exploits by investing in testing and revisiting their crowdsourced security programs. As the industry looks to the future, Bugcrowd is launching a new report on December 2 that will dive into these statistics and explore the implications for the next decade of crowdsourced security.