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Saturday, November 30, 2019

How do hackers earn huge amount of money?

Data hackers
Hacker -  
Pranab Hiverakar is a full time hacker.  He tried in the summer of 20 to find out where the weakness was in the latest Facebook feature.  Eight hours ago, Facebook announced that it would allow users to post comments with videos

Pranab used to identify the weaknesses and hacking. Those vulnerabilities or wrongdoers fall into the hands of companies that can break a network and steal information and data.

 Pranav Hiveraker received a code and that code had a weakness that could be used to delete any video from Facebook.  "I found that I could use the code myself, even if I wanted to delete the video that Mark Zuckerberg uploaded."
 He told Facebook about the weakness through its Bug Bounty program.  Within two weeks, he was awarded a $ 1 digit award.

 Some ethical hackers are now making big money and the industry is growing too.  They are all young and two-thirds are between the ages of 5 and 25.  They are finding out the weaknesses of the company's web code.  They are getting good rewards for it.

 A bug or an error that could never find anything like it has never been found in the alliance means big bucks, even up to millions of dollars.  Those who do such good things are called Ethical Hackers or White Hat HackersShivam Vashist is one of them.  "The reward is my only source of income," he said.  The Ethical hacker from northern India made $ 110,000 last year.  "Legally I hack one of the world's biggest companies and make money," he said.  It was fun and challenging.  It is a field of work that does not require formal education or experience.

 Shivam, like many others, says that he has learned this from online resources and blogs.  "I spent many sleepless nights learning about hacking and attacking," he said.  Even in the second year of university I dropped the ear.

 Like American hacker Jesse Kinser, he has already found an interesting career.  It was during my stay in college.  Then I started extensive research on mobile hacking and digital forensics, said a hacker named Kinsar.

 Experts say the bug bounty program is playing a role in encouraging these hackers.  Terry Roy, chief technology officer at data security firm Imperver, said the program is a legitimate alternative for technology enthusiasts who would otherwise be susceptible to harmful practices, especially through hacking systems and the sale of hacked data illegally.

 Cyber ​​security firm HackerWoman says hackers in the United States and India received the most prize money in 20 years.  Some of them can earn up to three and a half million dollars a year.  Sandeep Singh, now in Hacker World, known as Gikboy, says it's a matter of hard work.  I had to work six months to get the first VALID report and the prize money, and I had to give five reports.

 HackerWan, Bug Crowd, Signac, or such companies are running bug bounty programs at large institutions, even on behalf of the government.  They provide ethical hackers, verify tasks and secure client privacy.  The hackerwoman grew up among three big bug bounty farms.  They have about five and a half million hackers and pay almost seventy million dollars, said Ben Sadeghipor, the company's head of hacker operations.  He said Bug Bounty is nothing new.  But the amount of rewards is increasing as part of a consolidation of security measures as a natural step for companies.  Companies know that if they don't take enough action it can create an opportunity for hackers to attack and thus expose important data which can cause major economic loss.  Cyber-security firm Signac says cyber-attacks have increased by 80 per cent in recent years, but the number of security talent is up.

 Government vs. Private Rewards Program
 Cyber ​​security firms say they can conduct more systematic tests with trusted hackers.  Hacking is legally prohibited in many countries.  However, it is easy for hackers to inform an organization via email that they have a problem.  Then Bug Bounty Farms can help with the right people, says security auditor Robbie Wiggins.

 But the prize space, whether public and private, is increasing.  Many people may not be earning much, but some people are making a lot of money.  And gender discrimination is also evident in this industry.  Jessie Kinser says it's because of a lower evaluation of women's work than men's, which she thinks is a pandemic problem.

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