Bugcrowd launched its Next Gen Pen Test solution in 2018 to address the need for a more structured approach to pen testing. The company's Bug Bounty program provides quick access to security expertise through a "pay-for-success" model, but some organizations may prefer the predictability and compliance artifacts offered by traditional pen testing. Bugcrowd has since introduced Classic Pen Test (CPT) and Next Gen Pen Test (NGPT), which provide a standardized view of security posture and can be deployed on-demand or continuously. The company's products are designed to meet the diverse security needs of its customers, who may use both Bug Bounty and pen testing solutions together, especially in scenarios where new stakeholders, mergers and acquisitions, compliance for specific assets, and customer acquisition are involved. By combining these solutions, organizations can improve their speed to value, reduce time to remediate vulnerabilities, and increase the richness of results.