Ethical hackers discovered 65,000 software vulnerabilities this year

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Vulnerabilities are everywhere. Every device, application and API presents new entry points for attackers to exploit and gain access to privileged information. However, more and more organizations are turning to ethical hackers to keep up with potential exploits.

In fact, according to HackerOne’s 2022 Hacker-Powered Security Report released today, ethical hackers discovered more than 65,000 software vulnerabilities in 2022, a 21% increase since 2021.

The report found that digital transformation projects had contributed to an increase in misconfigurations by 150% and incorrect authorizations by 45%.

At a high level, the research shows that ethical hacking communities have the capacity to identify vulnerabilities at scale, while highlighting that internal security teams cannot afford to rely on traditional manual approaches to vulnerability management.

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Scaling vulnerability management with ethical hackers

The research comes as more and more organizations feel the pressure of dealing with an ever-increasing number of exploits, with 66% of security managers reporting a backlog of over 100,000 vulnerabilities and 54% saying they are able to patch fewer than 50 % of vulnerabilities in their backlog.

This high volume of vulnerabilities has created the need for a more scalable approach to dealing with vulnerabilities, such as the ethical hacking and bug bounty providers that HackerOne offers.

“Insights from the hacker community about their experience and expectations teach organizations how to run a best-in-class program that will attract the best hackers,” said HackerOne’s CISO and Head of Hacking, Chris Evans.

“HackerOne’s vulnerability data, drawn from our 3,000 customer programs, shows organizations which vulnerabilities their peers motivate hackers to report. Customers continue to introduce risk during digital transformation projects. The report also shows that hackers are good at identifying the vulnerabilities that have been introduced, so our customers can fix them before they result in an incident, Evans said.

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