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Stock impact report

Hacking The Feds [Forbes]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Forbes
Paying outside hackers to identify vulnerabilities in federal systems is worth every penny.Late last year, the Department of Homeland Security (DHS) reached out to the hackers of the world with an unusual invitation: Hack me! Please!Hackers can get paid when they hack for the greater good.gettyThe premise was simple. Hackers were asked to find security vulnerabilities across DHS systems. Those who succeeded were paid a bounty of $500 to $5000, depending on the severity of the bug they discovered. Thus began the Hack DHS program, which kicked off just as the public and private sectors were fighting the fallout from a vulnerability inLog4jBy the time it was done,hackers had found 122 security vulnerabilitiesThese “bug bounty” programs have become the most visible—and fruitful—examples of public/private sector cybersecurity partnerships. These partnerships will likely proliferate as more people realize the importance of public and private sector partnerships in mitigating cybercrime. As Show less Read more
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