As breaches continue to increase in number and scale, companies are ditching old and antiquated security solutions for more innovative ones like crowdsourced, hacker-powered testing to better protect their digital assets. Whether referred to as a bug bounty, a hacker-powered program, or crowdsourced security testing, it’s becoming commonplace to harness ethical hackers to combat today’s cyber threats. “Security teams moved from pen testing to hacker-powered bug bounty programs when they realized compliance alone was ineffective at defending against the modern cyber adversary. However, while hacker-powered programs hand off a lot of vulnerabilities to security teams, there hasn’t been a clear idea of the amount of coverage or the level of risk reduction that comes with the testing,” says Jay Kaplan CEO and Co-Founder of Synack.