Bugcrowd`, a company offering bug bounty programs, has released a report titled "Inside the Mind of a Hacker (version 2.0)" to provide insights into the motivations and characteristics of its community of security researchers. The report identifies five distinct personality types among these researchers: Knowledge-Seekers, Hobbyists, Full-Timers, Virtuosos, and Protectors. To attract successful bug bounty participants, it's essential to understand what drives each type, with Key-Seekers drawn to broad scope challenges and good feedback, Hobbyists lured by higher rewards and quick turnaround times, Full-Timers motivated by a sense of purpose and recognition, Virtuosos attracted by complex targets and expert-level challenges, and Protectors driven by a desire to protect others and make a positive impact. By catering to these individual needs, organizations can run successful bug bounty programs that engage and retain top security researchers.