Nearly two-thirds of C-level IT and security executives believe their organization is more likely to experience a data breach due to COVID-19, according to a HackerOne survey. At the same time, 30% of in-house security teams have been cut and a quarter has had their budgets reduced since March.
More from HackerOne:
- 36% of businesses have sped up digital initiatives to support remote work, which has created new vulnerabilities.
- Hackers have been able to find more than twice the number of vulnerabilities in 2020 than in 2019.
- Over $44.75M has been awarded in bug bounties over the past year.
- The average bounty paid for critical bugs increased to $3,650 in the past year, an 8% year-over-year jump.