Bugcrowd adds ‘flex’ pricing model to bug-bounty programs

Bugcrowd, the firm that offers a bug-bounty service program that brings together companies willing to pay to hear about serious software vulnerabilities and the security researchers that can find them, says it’s offering a new pricing model.

According to Bugcrowd CEO Casey Ellis, the “flex” pricing model is based on the idea that customers would share code they want to be examined by researchers for possible vulnerabilities and researchers that found bugs would share in a percentage of the total reward pool offered.