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posted by n1 on Tuesday June 09 2015, @08:01AM   Printer-friendly
from the game-changing-rule-breakers dept.

The New York Times has published an interesting article about Hacking as a business:

In 2011, two Dutch hackers in their early 20s made a target list of 100 high-tech companies they would try to hack. Soon, they had found security vulnerabilities in Facebook, Google, Apple, Microsoft, Twitter and 95 other companies’ systems.

They called their list the Hack 100.

When they alerted executives of those companies, about a third ignored them. Another third thanked them, curtly, but never fixed the flaws, while the rest raced to solve their issues. Thankfully for the young hackers, no one called the police.

Now the duo, Michiel Prins and Jobert Abma, are among the four co-founders of a San Francisco tech start-up that aims to become a mediator between companies with cybersecurity issues and hackers like them who are looking to solve problems rather than cause them. They hope their outfit, called HackerOne, can persuade other hackers to responsibly report security flaws, rather than exploit them, and connect those “white hats” with companies willing to pay a bounty for their finds.

In the last year, the start-up has persuaded some of the biggest names in tech — including Yahoo, Square and Twitter — and companies you might never expect, like banks and oil companies, to work with their service. They have also convinced venture capitalists that, with billions more devices moving online and flaws inevitable in each, HackerOne has the potential to be very lucrative. HackerOne gets a 20 percent commission on top of each bounty paid through its service.


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  • (Score: 3, Interesting) by sudo rm -rf on Tuesday June 09 2015, @12:21PM

    by sudo rm -rf (2357) on Tuesday June 09 2015, @12:21PM (#194042) Journal

    They should offer their services to my bank.
    To log on to the online banking you need: numeric 9-digit account number, password is an alphanumeric code, fixed (!) length of 5 (five!). Since they updated their online banking website a few years ago, it keeps telling me that my transaction limit is (not kidding) 999.999.999,99€.
    Someday I might try out if they'd allow that, from far away.

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