The bug bounty workforce isn't a large one -- so bug bounty companies are pivoting to a different model.

The penetration testing market now sits at roughly $1 billion, according to CEO Marten Mickos, nearly ten times more than bug bounties.

A new bug bounty program intended to find vulnerabilities in the Marine Corps’ public-facing websites will be the DOD's sixth such program.

The automotive industry is looking to step up its collaboration with cybersecurity researchers to identify software and hardware bugs after a watershed 2015 hacking demo.

The highest bounty was $5,000 paid out eight times.

Because the Defense Travel System is used by millions of people and maintains sensitive information, hardening its security is a priority for DoD, organizers said.