What can bug bounties do, and what are their limitations? Are they a panacea or just the latest IT buzzword? We try to get to grips with this new approach to IT security.
Hear the term "bounty hunter" and we automatically think of the Wild West – catchphrases like "Dead or Alive!" familiar from movies such as Django Unchained or For a Few Dollars More. Bounty hunters are something we associate with fiction – or at the very least a relic from a bygone era. But it turns out the bounty system is experiencing something of a digital renaissance, and is now gaining a foothold in Switzerland too.