Sometimes the best way to fight fire is with fire. That's the idea between bug bounty programs using hackers to identify vulnerabilities in the cybersecurity systems of organizations. David Baker, Chief Security Officer at Bugcrowd, a bug bounty management company, explains how his company is exterminating cybersecurity threats.
Baker says the key to cybersecurity is transparency and adds that bug bounties are a way of fostering a relationship between hackers and companies. Uber's massive hack that impacted over 57 million people wasn't due to the absence of a bug bounty program because the ride-hailing company has a robust system in place, according to Baker. He says that from an ethical perspective, Uber's handling of the hack was bad and "they broke the law."
Bugcrowd is working to boost transparency in the cybersecurity space. To do so, it is launching a new tool, called Traffic Control, to give companies more insight and control of their bug bounty programs. The tool allows organizations to uncover additional return on investment from crowdsourced security testing with enhanced visibility into researcher activity, says Bugcrowd.
Meta wants creators to make money from the metaverse, but it's going to take a large chunk of the cut. The tech giant is planning to keep nearly 50% of all digital asset sales within Horizon Worlds, the virtual reality platform that's considered an integral part of the company's unfolding metaverse. Rolf Illenberger, Co-founder and Managing Director of VRdirect, joined Cheddar to discuss why Meta is taking heat for this move, and what it could be doing as an alternative to help support creators, small businesses, and consumers.
Catching you up on what you need to know on April 18, 2022, with Russian missile attacks on the Ukrainian city of Lviv killing seven, mass shootings in South Carolina and Pittsburgh, Lucky Charms cereal under official investigation by the FDA, and more.
Lisa Whalen, Automotive and Mobility Analyst at Morning Consult, joined Cheddar News' Closing Bell to break down the famed auto show's emphasis on electric vehicles this year, reflecting a shift toward electrification in the automotive industry.
Peggy Whitson, Director of Human Space Flight, Axiom Space, joins Cheddar Innovates to discuss Axiom's involvement in the first fully-private mission to the ISS, and her experience spending 665 days in space.
