As I engage with Kiran Sridhar and Ming Ng's article "Hacking for Good: Leveraging HackerOne Data to Develop an Economic Model of Bug Bounties," I am poised to share my insights on the role of vulnerability disclosure policies. In this journal entry, I will outline the cost-benefit and ethical considerations surrounding bug bounty programs, informed by the comprehensive literature review and findings presented in the article.

The benefits of bug bounty programs include increased security through vulnerability disclosure and the potential to save millions in damages caused by cyber-attacks. On the other hand, costs might consist of financial compensation for ethical hackers and the risk of sensitive data exposure during testing.

Inviting ethical hackers into a company's infrastructure raises questions about trust and the potential misuse of data. Organizations must develop transparent policies and procedures to mitigate these risks while benefiting from ethical hackers' expertise.