Crypto.com Bug Bounty Program, Rewards Up to $2 Million

Singapore, December 2, 2024 – Crypto.com, a global leader in cryptocurrency services and trusted by over 100 million users, has announced a major upgrade to its bug bounty program in partnership with HackerOne.

The updated program now offers rewards of up to USD 2 million for identifying and reporting security vulnerabilities.

This milestone sets a new standard, marking the largest bug bounty prize available on HackerOne’s platform — not only in the crypto industry but across all sectors.

A New Benchmark for Security and Compliance

Kris Marszalek, CEO of Crypto.com, emphasized the company’s unwavering focus on security, stating, “Security and compliance are at the heart of everything we do.

As our business and the industry evolve, this upgraded bounty program raises the bar, reinforcing our commitment to safeguarding our users.”

The company’s reputation for stringent regulatory compliance and robust security measures aligns with its vision of ensuring system integrity and building customer trust.

HackerOne’s CEO, Kara Sprague, applauded Crypto.com’s dedication to consumer protection, stating, “Finding critical security gaps is essential for protecting the more than 100 million customers they serve globally.

This record-breaking bounty reflects their deep commitment to ethical hacking and proactive security management.”

Partnering with Ethical Hackers to Enhance Security

The expanded bounty program highlights Crypto.com’s long-standing collaboration with the ethical hacking community.

Chris Evans, Chief Information Security Officer and Chief Hacking Officer at HackerOne, praised Crypto.com’s engagement with hackers.

“Crypto.com not only follows best practices but sets new standards for engaging and rewarding ethical hackers,” he noted.

Jason Lau, Crypto.com’s Chief Information Security Officer, emphasized that the partnership with HackerOne is a crucial extension of the company’s security team.

“This landmark bounty underscores our relentless focus on enhancing safeguards and consumer protection.

We are proud to deepen this collaboration with ethical hackers to maintain top-tier security.”

A Legacy of Security Certifications

Crypto.com has consistently demonstrated leadership in security, earning multiple prestigious certifications for data security, privacy, and business continuity.

These include ISO 27701 for Privacy Information Management, ISO 27001 for Information Security, ISO 22301 for Business Continuity, and compliance with the NIST Cybersecurity and Privacy frameworks, among others.

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