For years, tech giants like Google, OpenAI, and T-Mobile have relied on bug bounty programs as a cornerstone of their cybersecurity strategy. These programs pay independent hackers millions of dollars annually to find and report software flaws before cybercriminals exploit them. The model proved highly effective, with Google alone distributing $10 million to 632 researchers in 2023 alone. However, this once-reliable security ecosystem is now fac…
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