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Marketing In Asia > Blog > Business > News > SquareX’s Ground-breaking Bug Bounty Program Concludes Successfully: No Critical Vulnerabilities Found
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SquareX’s Ground-breaking Bug Bounty Program Concludes Successfully: No Critical Vulnerabilities Found

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Last updated: 2023/08/02 at 3:20 PM
Dr. Surbhi Sharma
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SquareX, the trailblazer in browser-based cybersecurity led by acclaimed entrepreneur Vivek Ramachandran, has wrapped up its much-awaited Bug Bounty program. This rigorous evaluation reaffirms the product’s resilience and potency in ensuring online safety for consumers. For six weeks, the program, with a grand prize of USD 25,000, had hackers and security researchers from around the globe testing Malware.rip to the hilt to detect any security flaws.

Overwhelming Response and Incentives

SquareX was thrilled to see an incredible influx of Bug Bounty hunters, predominantly from India, the USA, and Germany. These skilled professionals, along with their counterparts from various parts of the world, launched innumerable automated scans and deliberate attacks on Malware.rip, their sole objective being to identify and report potential security vulnerabilities.

In the middle of the program, SquareX raised the stakes by doubling the reward and placing numerous “Easter Eggs” to fuel and incentivize the community’s dedication. However, despite the enticing rewards and the heightened prize money, no critical bugs surfaced during the Bug Bounty program. The only discovery was one “Easter Egg” vulnerability, despite the tireless efforts from the hacker community.

Trust Built Through Rigorous Testing

“The results of the Bug Bounty program are very encouraging,” said Vivek Ramachandran, Founder of SquareX. “The rigorous testing that we received from the global hacker community allows us to establish trust amongst our users and underscores our security-first product building philosophy.”

Also read: SquareX Sets a New Standard for Cybersecurity with Its Revolutionary Browser-Based Product

SquareX’s Future Plans and On-going Commitment

While the Bug Bounty program concluded without revealing any significant bugs, SquareX stays committed to cultivating a collaborative environment with the Bug Bounty community. The company plans to introduce an on-going Bug Bounty program to welcome the brightest bounty hunters and researchers to report potential vulnerabilities/bugs.

“The results of the Bug Bounty program are very encouraging,” Ramachandran further explained. “The rigorous testing that we received from the global hacker community allows us to establish trust amongst our users and underscores our security-first product building philosophy.”

For more updates and information about SquareX’s future plans, stay tuned to their website.

Legal Disclaimer: The Editor provides this news content "as is," without any warranty of any kind. We disclaim all responsibility and liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. For any complaints or copyright concerns regarding this article, please contact the author mentioned above.

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TAGGED: Bug Bounty Program, Cybersecurity, Easter Eggs, global hacker community, industry standards, Malware.rip, online safety, product development, security standards, security vulnerabilities, SquareX, Vivek Ramachandran

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    Surbhi Sharma August 2, 2023 August 2, 2023
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    By Surbhi Sharma
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    I am PhD in Mathematics from IIT Roorkee currently working as a Market Research & Data Analyst. I have a demonstrated history of working with Startups & Corporates across private equity, e-commerce and software product industries.
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