How Bug Bounty Programs Enable Software Vendors to Release Products Earlier with More Vulnerabilities

Bug bounty programs enable software vendors to release products earlier, albeit with more potential vulnerabilities, as they allow for coordinated vulnerability disclosure and mitigation. The optimal number of ethical hackers in a bug bounty program depends solely on the expected number of malicious hackers seeking exploitation, and higher bounties incentivize ethical hackers to find severe vulnerabilities first, reducing the success probability of malicious hackers.