The Bug Bounty Engagement Simulator is a powerful new modeling tool that helps security teams analyze, plan, and make data-driven decisions for their Managed Bug Bounty (MBB) engagements. Powered by AI and built on insights from thousands of real-world customer engagements, the simulator delivers actionable estimates of submission volume and reward spend, enabling teams to confidently plan, predict, and optimize their next MBB engagement. The tool replaces guesswork with clarity, providing clear budget forecasting, flexible scenario planning, and streamlined handoff to launch, making it easier for teams to align budgets and secure stakeholder approval. With its depth of context and transparency, the simulator surfaces insights that generic ROI calculators cannot, allowing teams to refine their strategy until they've found the best balance of cost, coverage, and risk tolerance. The tool is now available in the Bugcrowd Platform at no extra cost to customers planning new MBB engagements.