The bug bounty model has seen significant growth in enterprise adoption, with the number of valid vulnerabilities exceeding 52,000 in 2017 and critical vulnerabilities increasing by 25% from 2016. The industry with the most critical vulnerabilities was leisure, travel, and tourism, while Europe reported the highest number. The average payout for critical vulnerabilities is now $1,776, with SQL Injection being the most reported type of vulnerability. This growth in vulnerabilities is attributed to the emergence of new systems such as IoT and automotive, which present additional security concerns. Managed bug bounty programs are becoming increasingly popular due to the need for quick time-to-action and the resources required to triage and validate incoming vulnerability findings. Companies like Bugcrowd are experiencing significant growth in collaborative interactions with their security teams, providing customers with full-scale bug bounty support and services that facilitate hundreds of managed bug bounties with tens of thousands of vulnerability reports.