BUGLAB (Cybersecurity Penetration Testing on the Ethereum Blockchain)

Hello everyone we meet again this time I will review about Buglab Cybersecurity Penetration Testing on the Ethereum Blockhain.

Buglab is an Ethereum-based platform that connects companies with a global network of expert cybersecurity researchers.  Today’s computing environment is dynamic and complex. Demand for cybersecurity professionals exceeds supply as hackers develop ever more advanced schemes that target countless companies, both large and small.  The Buglab platform detects and remedies vulnerabilities on various business applications, websites, mobile applications, Internet of Things (IoT) devices , and smart contracts by transforming penetration test services into challenges, referred to as contests, for a community of independent information security consultants with certified qualifications. Buglab will offer a unique, competitive, incentivized, and easy-to-use platform to address this widespread and growing business need. Buglab will assist companies, whether in IT, financial services, or in retail, to identify and mitigate cybersecurity gaps they may not (but should) know about.  

METHODS OF FIGHTING CYBER CRIME

1.  Penetration tests performed by a cybersecurity consulting firm: Requires that clients pay for the service in terms of total billable hours, regardless of the test results. The majority of penetration tests performed by consulting firms are done by one, maybe two pentesters. This means that the client is only able to take advantage of the methodology and skillset of two consultants. 
2.  Bug Bounty challenges: Information security researchers are paid on a per-vulnerability-uncovered basis. Companies often end up getting charged to fix issues not entirely consequential to their revenue or customers. This is described in more detail in the next section. 
3.  Bug Bounty Programs :  When talking about crowdsourcing in cybersecurity, one immediately thinks of bug bounty programs. They aren’t adapted to small and medium businesses.  The first reason for this is cost. Companies that rely on bug bounty methods are often required to pay for each vulnerability that’s reported.  Secondly, the results obtained are not always relevant to the client. 

THE BUGLAB SOLUTION

 The Buglab platform links organizations that have information security needs, which is just about all of them, with a community of certified cybersecurity penetration testers in an incentivized environment, where testers are rewarded when they uncover system vulnerabilities, ranked by severity and potential impacts. It’s done as a race against time. Importantly, finding unique vulnerabilities is ranked above simply producing a list of issues. 

CORE FEATURES OF THE BUGLAB PLATFORM

 The Buglab platform enables customers to either use the mass of pentesters or choose a validated team from a known company. Teams must include no fewer than five pentesters. 

•  Public Contest: Once a company has provided basic information and launched the contest, the community receives a public invitation to participate. 
•  Private Contest : Clients also have the option to choose a select number of pentesters from the community or choose a validated team from a known cybersecurity firm to complete the challenge. 
•  Selection Filters:  Clients have the option during a private challenge of selecting pentesters using different filters. These include country, score, skillset, etc. 
•  Triage System:  Vulnerabilities reported go through our sorting system to identify duplicates before landing on the customer’s dashboard. The customer is guaranteed to only get notified about relevant submissions. 
•  Reports: The company receives reporting on it’s security contests. This feature summarizes each contest’s performance and allows the client to graphically compare the security status and progress of its assets.  
•  Client-Managed: The company can choose from three types of contest management (Basic, Pro, and Enterprise). In the case of the latter, the client is responsible for sorting, classifying and grading reports. 
•  Leaderboard: A dashboard offers ranking of pentesters from the community according to experience and results on the platform. This provides greater visibility for the best pentesters and makes it easier to select participants for a private challenge. 
•  Mediation: When a customer opts to manage their challenge themselves, a pentester from the community can ask for mediation from Buglab. This mediation may be required in the event that a pentester deems the score or validation to be inaccurate. 
•  Chat: Every vulnerability report is a chance to engage in conversation with pentesters and to obtain their help fixing it. 
•  Fix Companion: At the Enterprise level, Buglab will verify that the fix has been implemented. 

Thanks for everything good greetings.

For more information about this project, you can visit our official website:

• Website: https://buglab.io 
• Whitepaper: https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
• Telegram: https://t.me/buglab
• Facebook: https://www.facebook.com/buglab.co
• Twitter: https://twitter.com/joinbuglab
• Instagram: https://www.instagram.com/buglab.co 

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