A $1.3 billion revenue company being too tight to pay this after all, even on their 2nd chance, is so short-sighted it's absurd. They're putting out a huge sign saying "When you find a vuln, definitely contact all our clients because we won't be giving you a penny!". Incredible. This must be some kind of "damaged ego" or ass-covering, as it's clearly not a rational decision. Edit: Another user here has pointed out th…
It all makes sense if you consider bug bounties are largely: 1) created for the purpose of either PR/marketing, or a checklist ("auditing"), 2) seen as a cheaper alternative to someone who knows anything about security - "why hire someone that actually knows anything about security when we can just pay a pittance to strangers and believe every word they say?" The amusing and ironic thing about the second point is tha…
It doesn’t make sense, companies with less revenue aren’t the ones doing this. It’s usually the richer tech companies.