Bugcrowd - Experts & Thought Leaders

Latest Bugcrowd news & announcements

Crowdsourced security for Web3 with Bugcrowd Alliance

Bugcrowd, the pioneer in crowdsourced security announced an alliance with Least Authority, a Berlin-based pioneer in secure use of advanced cryptographic techniques. Least Authority provides customised services to support FinTech and Web3 products through design and development, including code audits, specification reviews, and system architecture assessments. Research and development The company specialises in the research and development of distributed systems, blockchain protocols, AI/ML algorithms, and cryptographic protocols design and implementations, including zero-knowledge proofs and multi-party computation. To date, Least Authority has completed more than 225 audits collaborating with industry pioneers such as Ethereum, MetaMask, Filecoin, Stacks, Polygon, Zcash, and more. Comprehensive continuous testing services Through its alliance with Bugcrowd, Least Authority can tap the vast skills of the Bugcrowd research community Through its alliance with Bugcrowd, Least Authority can tap the vast skills of the Bugcrowd research community to deliver comprehensive continuous testing services as these innovative systems evolve. Liz Steininger, CEO and Managing Director at Least Authority, said, "In today’s rapidly evolving threat landscape, relying on traditional security methods is no longer enough. We’re excited to offer this forward-thinking combination with Bugcrowd to clients who understand that security requires constant innovation and collaboration." AI-powered platform Jacques Lopez, VP of Global Channel Sales & Strategic Alliances, Bugcrowd, said, "Least Authority does amazing work to secure complex distributed environments from design to production." Jacques Lopez adds, "The collaboration with Bugcrowd enables the company to add value with continuous testing services using Bugcrowd’s AI-powered platform."

Bugcrowd unveils AI platform and new cybersecurity model

Bugcrowd, the pioneer in crowdsourced security, announced the addition of Trey Ford as Chief Information Security Officer for the Americas, to the leadership team. Trey is a seasoned strategic advisor and security thought pioneer with over 25 years of experience in offensive and defensive security disciplines. Trey has held key leadership roles at Deepwatch, Vista Equity Partners, Salesforce, Black Hat, and more. He has also been a valued member of Bugcrowd's advisory board for over a decade. Future of cybersecurity Trey is eager to work with firm pioneers, corporate directors, and investors to help teams Trey is passionate about working with enterprise pioneers, corporate directors, and investors to help teams strengthen their technology and execution strategy. “I’m really looking forward to joining this amazing Bugcrowd team and this fast-growing, dynamic organisation that continues to execute on its compelling vision for the future of cybersecurity, based on the ingenuity of the crowd,” Ford said. “I’ve always believed in taking a hands-on approach to building, breaking, and deconstructing security problems to first principles-I intend to continue applying that same mindset here at Bugcrowd.”  Team’s capabilities to new heights “Trey’s addition to our team marks a pivotal moment for enhancing our operational capabilities in the Americas region,” said Nick McKenzie, Chief Information and Security Officer of Bugcrowd. “His leadership and offensive security expertise, coupled with his ability to help us connect with and support customers, will elevate the team’s capabilities to new heights—a timely appointment with our current business momentum.” Bugcrowd’s AI-powered platform Bugcrowd told an other growth capital facility of USD 50 million from Silicon Valley Bank in October Bugcrowd also announced the availability of Bugcrowd Continuous Attack Surface Pentesting as a Service Subscription, a new way to consume pen testing. By using this subscription model, customers can enjoy the flexibility and predictability of pre-paid capacity on the Bugcrowd Platform to be drawn-down on demand. In addition, Bugcrowd announced an additional growth capital facility of USD 50 million from Silicon Valley Bank in October. The new financing will further scale Bugcrowd’s AI-powered platform globally, fund continued innovation into the Bugcrowd Platform, and leverage opportunities for strategic M&A, providing added value to clients, partners, and the hacker community. Powerful insights  “We are extremely excited by the rapid growth and market momentum that Bugcrowd has achieved so far this year,” said Dave Gerry, Chief Executive Officer of Bugcrowd. “We believe we are putting together the world’s strongest combination of people and technologies to deliver on the powerful insights provided by elite hackers operating on our global Platform.” The Bugcrowd Platform connects organisations with trusted security researchers and hackers to help proactively defend themselves against sophisticated threats. Bugcrowd’s crowdsourced solutions For over a decade, Bugcrowd’s unique "skills-as-a-service" approach has uncovered more high-impact vulnerabilities than traditional methods, along with clearer ROI, for more than 1,200 customers – including OpenAI, Google, T-Mobile, Carvana, the US Department of Defence’s Chief Digital and Artificial Intelligence Office (CDAO), ExpressVPN, Rapyd, New Relic, and OpenSea.  With unmatched flexibility and access to a decade of vulnerability intelligence, the Bugcrowd Platform has evolved to address a changing attack surface influenced by the adoption of mobile infrastructure, hybrid work, APIs, crypto, cloud workloads, and AI. Bugcrowd’s crowdsourced solutions include penetration-testing-as-a-service, managed bug bounties, vulnerability disclosure programs (VDPs), and AI Safety and Security products.

Bugcrowd secures $50M from SVB for growth and innovation

Silicon Valley Bank (SVB), a division of First Citizens Bank announced it has provided a $50 million growth capital facility to Bugcrowd, a provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organisations and hackers to mitigate vulnerabilities across all applications, systems, and infrastructure. Provided by SVB’s Enterprise Software Group, the new financing will further scale Bugcrowd’s AI-powered platform globally, fund continued innovation into the Bugcrowd Platform, and leverage opportunities for strategic M&A, providing added value to clients, partners, and the hacker community.  AI-powered platform expansion “We’re excited to have the continued support of Silicon Valley Bank with this $50M growth capital to accelerate innovation and scale our AI-powered platform," said Dave Gerry, CEO of Bugcrowd. "Our mission is to help organisations regain control of cyber risks by harnessing the collective ingenuity of the hacker community to outsmart adversaries. This capital provides the resources needed to strengthen our position as the pioneer of the crowdsourced security market.” Skills-as-a-service approach Bugcrowd Platform has evolved to address a changing attack surface influenced by the adoption of mobile infrastructure For over a decade, Bugcrowd’s unique “skills-as-a-service” approach has uncovered more high-impact vulnerabilities than traditional methods for more than 1,200 customers including OpenAI, Google, T-Mobile, Carvana, the US  Department of Defence’s Chief Digital and Artificial Intelligence Office (CDAO), ExpressVPN, Rapyd, New Relic, and OpenSea. With greater flexibility and access to a decade of vulnerability intelligence, the Bugcrowd Platform has evolved to address a changing attack surface influenced by the adoption of mobile infrastructure, hybrid work, APIs, crypto, cloud workloads, and AI. Creative financial solutions “With its innovative platform, Bugcrowd helps companies quickly and cost-effectively discover critical vulnerabilities and proactively avoid being blindsided by cyberattacks,” said John Benetti, Managing Director with SVB’s Technology Banking Group. “SVB is excited to continue our long-standing relationship with Bugcrowd, expanding our initial credit facility, and providing creative financial solutions to help them grow and scale their business.”

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