Which of the following is a benefit of launching a bug bounty program?

While engaging in a bug bounty program may involve working with external security researchers, it does not necessarily transfer risk to them. The organization remains responsible for addressing and mitigating identified vulnerabilities, meaning the overall risk management still rests primarily with the organization itself.

A bug bounty program can help identify vulnerabilities, including zero-days, but it does not guarantee a reduction in their occurrence. Zero-day vulnerabilities are often discovered by malicious actors before they are identified through bounty programs, and the program itself cannot prevent new zero-days from being introduced.

Although a bug bounty program may indirectly contribute to greater security awareness among employees through the acknowledgment of vulnerabilities, its primary focus is on engaging external researchers. Employee training and awareness initiatives are necessary to directly enhance workforce security knowledge.

Implementing a bug bounty program typically incurs costs related to rewards, platform fees, and administrative management. While it can lead to cost savings in remediation, it does not inherently reduce the overall costs associated with running the program itself.

A bug bounty program primarily focuses on vulnerability discovery rather than directly improving patch management processes. While it can lead to more timely patching of identified vulnerabilities, the effectiveness of patch management itself must be independently addressed through organizational practices and policies.