• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechCybersecurity

Tech giants like Netflix and Apple are shelling out millions to ‘bug bounty hunters’ who hack into their software systems

By
IT Brew
IT Brew
and
Brianna Monsanto
Brianna Monsanto
Down Arrow Button Icon
By
IT Brew
IT Brew
and
Brianna Monsanto
Brianna Monsanto
Down Arrow Button Icon
January 16, 2025, 4:25 AM ET
Tech companies are paying bug bounty hunters to catch vulnerabilities in their software systems.
Tech companies are paying bug bounty hunters to catch vulnerabilities in their software systems.Getty Images—Sutthichai Supapornpasupad

You don’t know a bug bounty hunter until you’ve walked a mile in their shoes—and spent a week on their PC trying to detect vulnerabilities in exchange for big bucks.

Recommended Video

Companies are doling out big rewards to hackers willing to unearth vulnerabilities in their software. Last year, Netflix disclosed that it had awarded more than $1 million in rewards through its bug bounty program. Meanwhile, Apple said it was rewarding security and privacy researchers able to hack into its Private Cloud Compute up to $1 million through its own bounty program.

Security professionals are cashing in on the opportunity. Mat Rollings, an application security professional turned bug bounty hunter, told IT Brew that he took on the gig full-time last year and has since racked up about 500 reports. Rollings, who brought in $27,000 in the first half of last year, joins the group of ethical hackers who have made a career out of the lucrative programs.

But while the gig continues to lure hackers for its flexibility and appealing rewards, bug bounty hunters told IT Brew that it’s no walk in the park.

Challenges. Ben Sadeghipour, a hacker who has been in the bug bounty hunter scene for more than a decade, told IT Brew that part of the challenge of the gig is learning a company’s business model, such as what may be considered sensitive data, when jumping from hacking one tech stack to another.

“The hardest struggle a lot of times is having to put these pieces together in short amount of times when you’re doing an event or even a competition,” Sadeghipour said.

Rollings told us that maintaining good mental health is another challenge the ethical hacker community faces.

“It’s so easy to get burned out and just spend all your time hacking,” Rollings said, adding that it can be upsetting when it takes a while to locate a bug or when a found bug is rejected.

Cassim Khouani, a full-time bug bounty hunter as of last year, added that the job can often feel like a “roller coaster” due to the ebbs and flows a hunter will experience in their ability to discover new bugs each week.

“Sometimes you find nothing and you don’t get paid and sometimes you find a lot of stuff and are getting paid a lot,” he said.

Be their guest. Despite the challenges, bug bounty hunters who spoke with IT Brew raved about the community that has formed.

“This has been the thing that has given us a place to belong,” Sadeghipour said.

For those looking to dabble in the bug bounty world, Sadeghipour told IT Brew that there are fewer barriers to entry than when he first joined the industry thanks to the rise of bounty platforms and educational content geared towards individuals looking to learn.

“Companies are paying $30, $40, $50, even $300,000 for a single web vulnerability,” Sadeghipour said. “So, I think there are more opportunities. It’s just [that] it’s more competitive, but I don’t think it has made it harder to get in.”

He told IT Brew that those starting out should focus on learning the nuts and bolts of the applications they are trying to hack first, and remain patient in the process.

“This is more [of] a marathon than a run.” Sadeghipour said. “It’s not gonna happen overnight, so consistency is also a part of it without putting yourself through the ringer and burning yourself out.”

This report was originally published by IT Brew.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By IT Brew
See full bioRight Arrow Button Icon
By Brianna Monsanto
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Tech

Eric Vaughan
AILayoffs
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again
By Nick LichtenbergJanuary 11, 2026
11 hours ago
Elon Musk, wearing a suit, puts his knuckles together and looks upward.
TechElon Musk
Elon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scans
By Sasha RogelbergJanuary 11, 2026
11 hours ago
RetailRetail
Walmart teams with Alphabet for AI-assisted shopping on Gemini
By Jaewon Kang and BloombergJanuary 11, 2026
14 hours ago
Future of WorkColleges and Universities
Top University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says
By Jason MaJanuary 10, 2026
1 day ago
InvestingStock Options
Investor Michael Burry reveals options bet against Oracle
By Carmen Reinicke, Jeran Wittenstein and BloombergJanuary 10, 2026
2 days ago
cappelli
AIHuman resources
AI adoption isn’t an easy way to cut jobs—or easy at all, Wharton professor says: ‘The key thing … is just how much work is involved in doing it’
By Nick LichtenbergJanuary 10, 2026
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
Trump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
By Jake AngeloJanuary 6, 2026
5 days ago
placeholder alt text
Economy
As U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply
By Jason MaJanuary 10, 2026
1 day ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
11 hours ago
placeholder alt text
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
9 hours ago
placeholder alt text
Health
Bill Gates warns the world is going 'backwards' and gives 5-year deadline before we enter a new Dark Age
By Eleanor PringleJanuary 9, 2026
3 days ago
placeholder alt text
Success
Gen Z are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJanuary 9, 2026
3 days ago