Rethinking Bug Bounty, Researcher Trust, and Vulnerability Management

Nicholas McKenzie, CIO & CISO at Bugcrowd, explains how enterprise security leaders are rethinking bug bounty, researcher trust, and vulnerability management. He says that CISOs are deeply concerned about trust, scope creep, and legal exposure when external researchers test live systems
Bug bounty is an amplifier. It amplifies your ability to find vulnerabilities and any dysfunction in your remediation process.
🔶 AI-assisted “slop” submissions are an operational burden, making strong triage capabilities more important than ever.
🔶 Critical bug bounty findings should trigger incident response processes because they represent validated exposures.
🔶 Mature organizations are treating bug bounty, red teaming, and penetration testing as complementary rather than competing approaches.

McKenzie warns that poor vulnerability reports slow remediation and create unnecessary guesswork.

Read on to discover what McKenzie compares to a sprint, what he calls a marathon, and why mature security programs need both:
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