The crowdsourced security industry experienced significant growth in 2020, with Bugcrowd receiving 50% more submissions and a 65% increase in Priority One (P1) submissions compared to the previous year. This growth was driven by hackers finding more bugs with greater impact, and communicating them to affected organizations with greater accuracy. The quality of vulnerabilities improved slightly, as the validity of vulnerabilities increased by 4%. In terms of payments, total payouts are growing steadily, with buyers seeing a higher return on investment as more critical vulnerabilities are found. The highest paid bugs are over $200,000, with P2 vulnerabilities offering a high impact and reward for hackers finding them.