Rapidly growing bug bounty company Bugcrowd names new CEO
The operator of one of the leading bug bounty platforms, California-based Bugcrowd, announced Monday that it will be taking a new direction with a leadership change. Chief Executive Officer Casey Ellis is stepping down to become chairman and chief technology officer of the company, which he helped launch in 2012 and now employs more than 100 people. Bugcrowd has experienced rapid growth over the last several years, having secured a number of contracts with the U.S. government and multiple Fortune 500 companies. Bug bounty companies pool the services of independent security researchers. Under the niche industry’s unique crowdsourcing model, those freelance hackers are paid for finding bugs in clients’ systems. In an interview with CyberScoop, Ellis said he made the decision to bring in a experienced and successful businessman in Ashish Gupta, a former chief marketing officer and executive vice president with cybersecurity firm Infoblox, to run day-to-day operations because he believed that […]
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