Software vulnerabilities have increased by 21% since 2021, with over 65,000 being discovered this year, according to a report from HackerOne.
The crowdsourced cybersecurity platform analyzed the vulnerabilities uncovered by its ethical hackers, finding vulnerabilities in digital transformation projects have grown significantly over the last year, with their associated misconfigurations increasing by two and half times and improper authorization protocols by nearly a half.
In surveying over 5,000 hackers in their community, HackerOne also found that over a third of hackers thought that a lack of expertise was the biggest problem for companies’ security posture.
What hackers think
What’s more worrying is that most of the hackers believed automated threat detection tools were not good enough, with 92% claiming that they can uncover vulnerabilities that such software overlooks in scans.
The report also questioned the hackers on their motivations, with most (79%) saying they wanted to learn from their activities, and 72% were motivated by money. Nearly half hack more now than they did last year as well.
Somewhat counterintuitively, they also tended to target higher quality programs, with half avoiding programs that have poor communication features and are slow in their response times.
Half again did not report vulnerabilities that they found, with 42% claiming that the target in question did not have an adequate process to do so.
The average payouts to hackers for finding vulnerabilities – known as bounties – did not increase much on last year, however there was a marked increase of 315% in the average payout of bounties relating to cryptocurrency and blockchain programs, from $6,443 in 2021 to $26,728 in 2022.
“Customers continue to introduce risk during digital transformation projects,” HackerOne CISO Chris Evans commented. “The report also shows that hackers are adept at identifying the vulnerabilities introduced so that our customers can fix them before they result in an incident.”