"Ethical Hackers Stymie $27bn of Cybercrime"

Researchers at Bugcrowd have found that ethical hackers have prevented $27bn worth of cybercrime during the COVID-19 pandemic.  The research is based on the analysis of survey responses and security research conducted on the platform from May 1, 2020, to August 31, 2021, in addition to millions of proprietary data points collected on vulnerabilities from 2,961 security programs.  Nearly three-quarters of respondents (74%) said vulnerabilities had increased since the outbreak of COVID-19. Most hackers (80%) found a vulnerability they had not encountered before the pandemic.  Almost half of the hackers (45%) said they believe that lack of scope inhibits the discovery of critical vulnerabilities. The researchers also found that most (91%) of ethical hackers do not believe that point-in-time testing can secure companies year-round.  The researchers stated that 79% of ethical hackers taught themselves how to hack using online resources.  The researchers also noted that this is the youngest and most ethnically diverse generation of ethical hackers in history.

Infosecurity reports: "Ethical Hackers Stymie $27bn of Cybercrime"