Home Business IT Security Meet CrowdCurity - the crowdsourcing security startup

The CrowdCurity team featuring Christian Hansen (second from left) The CrowdCurity team featuring Christian Hansen (second from left) Supplied Featured

Subscribe now and get the news that matter to your industry.

* Your Email Address:
* First Name:
* Last Name:
Industry:
Job Function:
Australian State:
Country:
Email marketing by Interspire
weebly statistics

A Danish-based startup is taking a fresh approach to security testing, recruiting white hat hackers to test vulnerabilities for a reward.

Co-founder Christian Hansen told iTWire his startup CrowdCurity had taken cues from big players like Mozilla and Google, who have a history of recruiting hackers to help solve security issues.

"These companies offer big rewards, so we decided to offer a way for small to medium sized companies to fix any vulnerabilties they might have in the same way," Hansen said in an interview.

"It's free for any company, unless they have vulnerabilities. The company then pays per vulnerability, and often they find out about a whole heap of issues that they otherwise wouldn't have noticed."

He said CrowdCurity takes a modest 20% fee on top of what the hacker receives, and that the fee was small compared to the amount of damage that could be caused by a black hat intruder.

The company has recruited 'hall of fame' hackers (yes, the hacking hall of fame is a thing!) alongside up and comers who want a slice of the pie, and each company will potentially be targeted by hundreds of hackers, intentionally of course, who only earn a reward if they're the first to point out a certain vulnerability.

While the Danish team hasn't had many clients yet it's received a lot of interest from other startups and companies which are conscious about potential security risks.

"Google gets paid per click, and with CrowdCurity we want to do the same," Hansen said.

"You pay per hack, or vulnerability. It's the world's simplest pricing model, and both testers and businesses stand to benefit in a big way."

Hansen's company is currently pursuing options from venture capitalists, and is also seeking companies who are wanting to be tested.

For more info check out CrowdCurity's website here.

PROTECT YOURSELF AGAINST BANDWIDTH BANDITS!

Don't let traffic bottlenecks slow your network or business-critical apps to a grinding halt. With SolarWinds Bandwidth Analyzer Pack (BAP) you can gain unified network availability, performance, bandwidth, and traffic monitoring together in a single pane of glass.

With SolarWinds BAP, you'll be able to:

• Detect, diagnose, and resolve network performance issues

• Track response time, availability, and uptime of routers, switches, and other SNMP-enabled devices

• Monitor and analyze network bandwidth performance and traffic patterns.

• Identify bandwidth hogs and see which applications are using the most bandwidth

• Graphically display performance metrics in real time via dynamic interactive maps

Download FREE 30 Day Trial!

CLICK TO DOWNLOAD!

ITWIRE SERIES - IS YOUR BACKUP STRATEGY COSTING YOU CLIENTS?

Where are your clients backing up to right now?

Is your DR strategy as advanced as the rest of your service portfolio?

What areas of your business could be improved if you outsourced your backups to a trusted source?

Read the industry whitepaper and discover where to turn to for managed backup

FIND OUT MORE!

David Swan

David Swan is a tech journalist from Melbourne and is iTWire's Associate Editor. Having started off as a games reviewer at the age of 14, he now has a degree in Journalism from RMIT (with Honours) and owns basically every gadget under the sun. He also writes for Junkee and Fasterlouder. You can email him at david.swan@itwire.com or follow him at twitter.com/mrdavidswan

Connect