API Security Risk Management with Bug Bounties
summary
Argument: bug bounties complement audits by paying only for confirmed vulnerabilities and enforcing payment + responsible disclosure. Implementation requires a defined target, explicit rules (for example whether DoS testing on production is allowed), a triage and remediation workflow, and payment logistics (PayPal or contract/tax handling). One public program running since 2015 has paid over €100,000, showing bug bounties run continuously against public APIs and surface real, fixable API flaws like bulk data leaks that trigger GDPR exposure.
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chapters (13)
- 0:00Introduction
- 1:05What is an API
- 2:26Common API risks
- 5:54The mental model
- 7:30M Security
- 9:10Modern Security
- 13:11How do organizations find vulnerabilities
- 14:27Bug Bounties
- 18:03Key Benefits
- 20:11The Process
- 24:15Maturity
- 25:41Program other steps
- 28:19Remediation
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