The concept of hacking as a viable career has become a reality, with 18% of survey respondents describing themselves as full-time hackers, searching for vulnerabilities and making the internet safer for everyone. The survey, the 2020 Hacker Report, is from HackerOne.
Not only are more hackers spending a higher percentage of their time hacking, the survey says, they’re also earning a living doing it. The annual report is a benchmark study of the bug bounty and vulnerability disclosure ecosystem, detailing the efforts and motivations of hackers from the 170 countries who represent the HackerOne hacker community and are working to protect the 1,700 companies and government agencies on the HackerOne platform.
“Hackers are a global force for good, working together to secure our interconnected society,” said Luke Tucker, Senior Director of the Global Hacker Community. “The community welcomes all who enjoy the intellectual challenge to creatively overcome limitations. Their reasons for hacking may vary, but the results are consistently impressing the growing ranks of organizations embracing hackers through crowdsourced security — leaving us all a lot safer than before.”
Key findings include:
- Global growth of bug bounty programs is being followed by the globalization of the hacker community. Hackers from Switzerland and Austria earned over 950% more than in the previous year, and hackers from Singapore, China, and other countries in APAC earned over 250% more than in 2018.
- The hacker community continues to grow at a robust pace, nearly doubling in the past year to more than 600,000 registered.
- Hundreds of hackers are registering to join the ranks every day — nearly 850 on average — working to secure the technologies of more than 1,700 global customer programs.
- Hacking also provides valuable professional experience, with 78% of hackers using their hacking experience to help them find or better compete for a career opportunity.
- Hacking is becoming a popular income supplement or career choice. Nearly 40% of hackers devote 20 hours or more per week to their search for vulnerabilities. And 18% of our survey respondents describe themselves as full-time hackers.
- Hackers earned approximately $40 million in bounties in 2019 alone, which is nearly equal to the bounty totals for all preceding years combined. At the end of this past year, hackers had cumulatively earned more than $82 million for valid vulnerability reports.
- In addition to the seven hackers who have passed the $1 million earnings milestone — the most recent of which was announced today — thirteen more hit $500,000 in lifetime earnings.
- Hackers in the U.S. earned 19% of all bounties last year, with India (10%), Russia (8%), China (7%), Germany (5%), and Canada (4%) rounding out the top 6 highest-earning countries.
“No industry or profession has experienced an evolution quite like hacking,” explained Tucker. “It started in the darkest underbelly of the internet, where hackers roamed the online world in search of vulnerabilities. It later grew into a respectable hobby, something that talented people could do on the side. Now it’s a professional calling: hackers, pentesters, and security researchers are trusted and respected, and they provide a valuable service for us all.”
Article Provided By: Security Magazine
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