1. When and how did the idea for creating the CyScope platform originate?
2. Bug bounty programs and their significance in today's digital security landscape are frequently discussed. What specific advantages do you believe the platform offers?
3. Bug bounty programs are more common in Europe and other regions outside Latin America. Why do you think this is the case?
The bug bounty concept is a relatively recent development in Latin America. In contrast, in Europe and the United States, this model has been employed for more than a decade. Companies in these regions comprehend the mutually beneficial aspect of this approach and actively use it as a public demonstration of their dedication to cybersecurity. It serves as a compelling marketing strategy.
While the Latin American market is beginning to embrace bug bounty programs, there remains a degree of uncertainty when launching such initiatives. The CyScope team is actively promoting and educating companies to alleviate their concerns. They emphasize that the primary goal is to ensure vulnerabilities are promptly addressed by internal teams, rather than being disclosed to the public via social media. CyScope provides a controlled disclosure channel for reporting vulnerabilities.
4. How do you evaluate the ethics and trustworthiness of hackers in the CyScope community?
5. Let's discuss expenses: Is it more cost-effective to hire a service for vulnerability detection or to pay for incident remediation after it occurs?
When it comes to cybersecurity, we advocate for a 100% proactive approach. This means taking preemptive measures to bolster a company’s defense mechanisms and detection capabilities before any incident occurs.
When a company does experience a cybersecurity incident, the associated recovery costs can be substantial. However, with a robust cybersecurity strategy and the implementation of essential security controls, these expenses can be minimized.
To sum up, a company that neglects cybersecurity not only faces financial losses resulting from an incident but also the more elusive cost of damage to its reputation. Although this reputation damage is challenging to quantify precisely, we are well aware that its medium-term impact can be substantial.
6. What obstacles have you faced in your role as Product Manager at CyScope?
In my role as a Product Manager, I encounter a consistent and significant daily challenge. This challenge involves the delicate task of guiding the development of a platform that must cater to the needs and interests of both companies and hackers, all while centralizing and prioritizing ideas effectively.
Additionally, venturing into international markets presents another formidable challenge. This expansion entails adapting to different cultural dynamics and being prepared for variations in customer expectations and preferences.