If we learned anything in 2017, it was that anyone is vulnerable when it comes to cyberattacks. Dozens of data breaches occurred last year, which affected millions of people around the globe. Some of the largest breaches included leaked documents, access to private information, and breach of financial information.

So, as we begin a new year, why not take the time to learn about the vulnerabilities that can impact your mobile apps, websites, and IoT devices.

Some of the most notable hacks of the year included a security lapse that saw as many as 14 million records of Verizon subscribers leaked. The hackers found an unprotected Amazon S3 storage server controlled by a third-party firm working for Verizon. According to ZD Net, the data was accessible to anyone with the easy-to-guess web address.

A staggering 14 million records from Verizon subsribers were leaked in 2017.

Another notable hack of 2017 included the Equifax breach. The credit rating agency was hit by a massive attack with as many as 143 million consumers, including Americans, Canadians, and UK residents, affected. The breach involved highly sensitive and personal information according to ZD Net, and was followed by a fumbled incident response. According to the company, its breach checking tool didn’t work, and the company was forced to pull a clause from its site that prevented aggrieved customers from suing the company.

There were also plenty of hacks and breaches during the year unrelated to websites. Apps and IoT devices were also susceptible to cybercrimes, so, currently, the demand for cybersecurity professionals exceeds supply. Furthermore, hackers are continuing to create advanced schemes that target companies of all sizes.

The team at buglab is working hard to combat cyber criminals by offering a unique and competitive platform to address the growing business need. Any type of company with just about any kind of software vulnerability can access the platform to identify and mitigate cybersecurity gaps they may or may not know about.

If you are planning to launch various business applications such as websites, mobile applications, IoT devices, and smart contracts, you can use the buglab platform to conduct penetration tests. These penetration tests, referred to as “contests” on the buglab platform, can make cybersecurity available to the smallest of enterprises, which, at times, lack the resources and the budget to tackle cybersecurity by traditional means.

Buglab will detect vulnerabilities on your apps, websites, and IoT devices.

The method offered by buglab deploys expertise and smart contracts across the blockchain. A blockchain is a thread of digital records across which different types of data are stored. These records make up a database similar to the pages of a large ledger book. These virtual ledgers are hosted across many servers, which helps verify and authenticate any given transaction.

Traditional options for fighting cybercrimes are not feasible for small businesses and organizations, which is why buglab has created, and is pursuing, a new, more affordable solution.

The buglab methodology links organizations that have information security needs with a community of certified cybersecurity penetration testers, within an incentivized environment facilitated by blockchain technology.

Put yourself to the test with buglab.

Testers are rewarded when they uncover system vulnerabilities, ranked by severity and potential impacts. After detecting any vulnerabilities, security researchers will recommend a fix for these problems. In addition, buglab caps the user cost by charging a fixed price and providing a money-back guarantee in the event that no vulnerabilities are detected.

The platform is incredibly easy to use: companies sign up, provide information about themselves and their products and services, and then subscribe to a contest contract. Making things a little easier, companies dictate the rules of the contest, they set the level of confidentiality in the contest, the degree of management required, and the compensation package.

Efficient, safe, and affordable to use, the buglab platform will assist companies across industries, including IT, financial services, and retail.

Learn from 2017’s mistakes and don’t become a victim of cybercrime. With the buglab platform, all businesses large and small can give customers peace of mind.

About Buglab

The buglab solution detects and remedies vulnerabilities on various business applications, websites, mobile applications, IoT devices , and smart contracts by transforming penetration test services into challenges, referred to as contests, for a community of independent information security consultants with certified qualifications.

The buglab project is moving towards implementing blockchain capabilities, so be sure to stay tuned for website and white paper updates, as well as project information. For project updates, sign up for the buglab newsletter. In the meantime, follow the buglab team on Telegram, Facebook, Twitter, Instagram, and LinkedIn.