Illustrated Guide to Bug Bounties Step #2: Launching

The bug bounty lifecycle is a dynamic process that involves strategic planning, program launch, and continuous learning from the experience. Once a bug bounty program is launched, it receives submissions, which are then filtered and validated by experts to ensure only unique and relevant findings are reported. The program's findings are then prioritized and rewarded based on a standardized rating system, with payments made via secure channels. The process also integrates with development tools to facilitate remediation and upkeep of vulnerabilities. As the program continues, it provides valuable feedback for improvement and iteration over time.