Buglab

Security long time is a part of our lives. In the beginning, it was related to our health. Later, with the establishment of private property, there was necessary to protect assets and money. With the development of the Internet, cybersecurity actively takes part in protection data of companies and people. At the moment, all major banks and organizations use security services in this area. The Blockchain is no exception.

The blockchain is a distributed register of records that store different types of data. These registers are located on different servers, it makes easy to verify and confirm any transaction. Thus, there is a continuous computing process, provided with a huge number of participants.

Despite the complexity of hacker activities, the blockchain sphere is very attractive for attack due to the huge amount of money in this industry. Every day, the crypto industry is faced with news about hacking exchanges, wallets and attacks on cryptocurrencies themselves, such as the "51% attack". Millions of dollars were stolen and at the moment the responsibility for this is minimal, due to the low level of regulation and youthfulness of the industry.

Buglab

The need for cybersecurity here is much more urgent than in other industries. Buglab - this is the company that is going to provide the necessary level of security in the crypto industry. Buglab notes that the current traditional options for combating cybercrime are not feasible for small businesses and organizations.

The buglab solution was sparked from a rise in cybercrime. The current reality is that cybercrime is a growing concern for anyone who owns a device equipped with Internet capability. Seeing as that’s virtually every single person you know, except maybe your grandmother, we should all have cause for concern when it comes to cybercrime.

Buglab platform offers to connect organizations who need in the data security with the community of certified testers of the system. Testers will be rewarded when they uncover vulnerability and will be ranked by the importance and potential consequences of the weak spot.

The list of the possible verification options is quite long. Verification scripts can include the disclosure of a malicious SQL injection that directs the database content to the hacker. The system can also have authentication bypass vulnerabilities or company sensitive data can be unencrypted as well as many other things…

Buglab platform offer many solutions to such threats. In addition, the system penetration test can be closed to everyone except a specific team to avoid stealing information about the vulnerability of a company. The choice can be made according to several criteria, including the country of the tester or the area of his qualification.

Employees of the client's company will be able to monitor the progress of the check in real time. They will see the identified vulnerabilities, recommendations for their elimination, and will be able to communicate with the testers.

Buglab, in its part, will check the work of the testers and the correction of the vulnerability by the client. Up to five attempts will be allocated to solve this problem. The elimination will take place in real time with the possibility of contact with the testers. Thus, a qualitative vulnerability correction will be implemented.

In addition to the competition system, Buglab presents a global integrated hacking prevention program called Buglab Vigilante Protocol. It is a system that allows you to report vulnerabilities of companies that are not clients of the platform.