Security Magazine: Bug Bounty Programs Deliver Ethical Hackers to Help Identify Vulnerabilities, Outlines 5 Steps to Engage Security Community
Hikvision Cybersecurity Programs Helps to Reduce Security Concerns, Risk of Hack
In the Security magazine article, “Bug Bounty Programs: An Emerging Best Practice,” the author outlines benefits of bug bounty programs that harness the expertise of ethical hackers to help organizations identify vulnerabilities.
By crowdsourcing ethical hackers across various time zones, bug bounty programs enhance organizational cybersecurity efforts, enabling the security community to report vulnerabilities that could be targeted by external hacks. From the article: “…these individuals will agree to register with and be vetted by your program, will accept your legal terms and conditions regarding which systems and services are in scope, which testing methods are permitted, and which actions are out of bounds (such as intentionally accessing or copying personal data, or hacking third-party providers). Imagine further still that these ethical hackers will not publicly disclose any vulnerabilities they find without express permission. Finally, imagine that you get to pay out a reward, of your choosing, only to those white hat hackers who actually discover vulnerabilities, and even then, only if the bugs were not previously submitted and not easily found by running automated scans.”
The article also outlines five steps for engaging the security community, which includes performing code reviews and penetration testing, assessing your organization’s ability to respond to disclosures, and developing a solid legal policy that protects the company and the security researcher.
The National Institute of Standards and Technology (NIST), a division of the U.S. Department of Commerce, this year revised its cybersecurity frameworks advising companies to establish processes for receiving, analyzing and responding to vulnerabilities from internal and external sources, according to the article.
Hikvision has developed numerous cybersecurity programs to support its partners and help them respond to potential vulnerabilities and reduce any risk of surveillance systems being hacked.
Hikvision Cybersecurity Programs
Hikvision has instituted a number of cybersecurity programs to support its partners, including:
The U.S. cybersecurity road show has toured multiple cities this year and will visit more this fall, educating partners on best practices to reduce and respond to cyber threats.
The company was also the first in its industry to open a Source Code Transparency Center, which enables government agencies in the U.S. and Canada to review the source code for a wide array of select IP cameras and NVRs sold by Hikvision. In the announcement made earlier this year, Hikvision’s director of cybersecurity, Chuck Davis, said: “By opening our source code for review, we continue to demonstrate Hikvision’s commitment to product security and transparency.”
Hikvision also announced recently that its encryption module (HIKSSL), to be used in both IP camera and NVR products, achieved the U.S. Government Federal Information Processing Standard (FIPS) 140-2 Level 1 certification. An encryption standard created by the U.S. National Institute of Standards and Technology (NIST), FIPS 140-2 is used by U.S. and Canadian government agencies, regulated industries such as finance, healthcare, legal, and utilities, and commercial businesses.