Buglab - Cybersecurity Penetration Testing

About Buglab:

Buglab uses the power of Ethereum to enable attainable, versatile, and reliable penetration testing for digital enterprise solutions. The platform links organizations that have information security needs with a community of certified cybersecurity penetration testers in an incentivized environment.

At the center of buglab's ecosystem, there are two programs - the Buglab Contest and Vigilante Protocol, helping companies all over the world to discover and fix vulnerabilities. Buglab is an Ethereum-based platform that connects companies with a global network of expert cybersecurity researchers. At the center of buglab ecosystem, there are two programs - the buglab contest and Vigilante Protocol, helping companies all over the world to discover and fix vulnerabilities on their digital solutions or assets.

Contest

Buglab links clients with a global network of certified cybersecurity penetration testers in an incentivized environment. The testers are rewarded based on their cumulative discoveries in time-limit competitions. · Certified Pentesters · Full Customization · Real-Time Collaboration

Vigilante Protocol

With this, buglab provides an avenue for whitehats to share their own vulnerability discoveries. We then work with CERTs all over the world to verify those discoveries and notify companies at risk. · CERT & CSIRT Partnership · Verified Reporting · Automatic Rewards for Whitehats

Problems of Traditional Penetration Testing
and Bug Bounties

Cost Inefficiency

Whether it’s the billable hours model in pentesting, or the pay-per-vulnerability structure of bounties, companies do not get the most of out of their spending.

Lack of Resources

Cybersecurity firms typically assign just a few pentesters to each assignment, which limits the skillsets being leveraged.

Irrelevancy in Reporting

During bug bounties, researchers uncover large amounts of vulnerabilities without in-depth analysis, adding little value to the clients. ·

Who is Buglab for?

SMEs

Small and medium businesses, from all over the world looking for a more attainable and effective way of protecting their digital assets.

CERTs & CSIRTs

Computer Security Incident Response Teams, will be able to partner with buglab on building a sustainable vulnerability prevention system to help companies.

Pentesters & Whitehats

Buglab’s platform is built for global network of expert security researchers looking for a trusted way to help businesses worldwide and be compensated. What are BGL Tokens? · A token on the Ethereum blockchain is a digital asset that is held inside a token contract, in trust for a wallet address. · The buglab token, identified as BGL, is based on the ERC20 standard for blockchain tokens. · BGL tokens are required for all transactions in the buglab ecosystem, from ordering a contest to rewarding pentesters and whitehats.

Token Allocation

This diagram depicts plans for the token distribution. These values highlight the various functions the token will serve. They include the sale itself, the buglab Vigilante Protocol Reserve (VPR), which is funded in a continuous manner by systematically acquiring ten percent of contests, and product development.