Home Business IT Security Meet CrowdCurity - the crowdsourcing security startup
×

Warning

JUser: :_load: Unable to load user with ID: 3653
The CrowdCurity team featuring Christian Hansen (second from left) The CrowdCurity team featuring Christian Hansen (second from left) Supplied Featured

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.

FREE SEMINAR

Site24x7 Seminars

Deliver Better User Experience in Today's Era of Digital Transformation

Some IT problems are better solved from the cloud

Join us as we discuss how DevOps in combination with AIOps can assure a seamless user experience, and assist you in monitoring all your individual IT components—including your websites, services, network infrastructure, and private or public clouds—from a single, cloud-based dashboard.

Sydney 7th May 2019

Melbourne 09 May 2019

Don’t miss out! Register Today!

REGISTER HERE!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

 

Popular News

 

Telecommunications

 

Guest Opinion

 

Sponsored News

 

 

 

 

Connect