Incentives and Outcomes in Bug Bounties

Fuente: arXiv
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Auteurs principaux: Wang, Serena, Banchio, Martino, Kotowicz, Krzysztof, Ligett, Katrina, McAfee, R. Preston, Nava, Eduardo' Vela''
Format: Preprint
Publié: 2025
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author Wang, Serena
Banchio, Martino
Kotowicz, Krzysztof
Ligett, Katrina
McAfee, R. Preston
Nava, Eduardo' Vela''
author_facet Wang, Serena
Banchio, Martino
Kotowicz, Krzysztof
Ligett, Katrina
McAfee, R. Preston
Nava, Eduardo' Vela''
contents Bug bounty programs have contributed significantly to security in technology firms in the last decade, but little is known about the role of reward incentives in producing useful outcomes. We analyze incentives and outcomes in Google's Vulnerability Rewards Program (VRP), one of the world's largest bug bounty programs. We analyze the responsiveness of the quality and quantity of bugs received to changes in payments, focusing on a change in Google's reward amounts posted in July, 2024, in which reward amounts increased by up to 200% for the highest impact tier. Our empirical results show an increase in the volume of high-value bugs received after the reward increase, for which we also compute elasticities. We further break down the sources of this increase between veteran researchers and new researchers, showing that the reward increase both redirected the attention of veteran researchers and attracted new top security researchers into the program.
format Preprint
id arxiv_https___arxiv_org_abs_2509_16655
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Incentives and Outcomes in Bug Bounties
Wang, Serena
Banchio, Martino
Kotowicz, Krzysztof
Ligett, Katrina
McAfee, R. Preston
Nava, Eduardo' Vela''
Software Engineering
Cryptography and Security
General Economics
Economics
Bug bounty programs have contributed significantly to security in technology firms in the last decade, but little is known about the role of reward incentives in producing useful outcomes. We analyze incentives and outcomes in Google's Vulnerability Rewards Program (VRP), one of the world's largest bug bounty programs. We analyze the responsiveness of the quality and quantity of bugs received to changes in payments, focusing on a change in Google's reward amounts posted in July, 2024, in which reward amounts increased by up to 200% for the highest impact tier. Our empirical results show an increase in the volume of high-value bugs received after the reward increase, for which we also compute elasticities. We further break down the sources of this increase between veteran researchers and new researchers, showing that the reward increase both redirected the attention of veteran researchers and attracted new top security researchers into the program.
title Incentives and Outcomes in Bug Bounties
topic Software Engineering
Cryptography and Security
General Economics
Economics
url https://arxiv.org/abs/2509.16655