Bug bounties are not free-for-all contests, but rather a way for organizations to tap into a diverse pool of skilled professionals, including penetration testers, security engineers, and software engineers, who provide testing talent at scale. The Bugcrowd community is comprised of 60% full-time professionals, and the platform offers invitation-only programs that narrow the testing pool based on skill level, expertise, or geography. To address concerns about trust and control, organizations can set parameters, utilize a partner, leverage historical data, and weigh risk vs. reward to maximize the benefits of bug bounties while minimizing potential risks.