The globalized world today continues to be hampered by digital threats and cyber attacks. With these threats, the cybersecurity field has exploded in both popularity and dollars invested. The Buglab team hopes to capitalize upon this thread with the advent of their blockchain based cybersecurity platform. The team plans to implement enterprise-level attacks to test digital systems and find their weak points prior to a real threat taking place. The platform will be tailored for professional security workers who seek to assist businesses in a trusted and productive manner while being compensated for their time and expertise. With this, the team has built a thorough platform in which hackers can access bug bounties, get rewarded for their work, and have a single platform to manage all of their clients and testing endeavors. Let’s take a closer look at how Buglab will accomplish this.

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Buglab Objectives

Today the world of cybersecurity is more important than ever. With this in mind, the Bugle team plans to implement a platform in which white hat hackers can attack enterprise level systems through a competitive form. The current model of bug bounties is segmented and often not in-depth enough to provide businesses with tangible digital solutions. To solve this problem, the platform will connect certified cyber security professionals directly to enterprises who need their systems tested for bugs. The open source nature of the testing will allow for real-time collaboration between hackers trying to test a particular system. Furthermore, the platform will have a feature to partner with computer security incident response teams or CEIRTs. These professionals are experts in cybersecurity and certified to show so. Additional, although the platform is tailored for enterprise level solutions, it will also assist small and medium-sized businesses with their digital security needs. The decentralized nature of Buglab will allow for smaller businesses to benefit from the solution as well. Finally, the team plans to implement policies focused on cost reduction while still pushing to encourage more thorough reporting of digital inefficiencies which could be exploited by real hackers. 

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