With the Cyber Resilience Shield, Bug Bounty Switzerland is launching a data-driven, easily accessible and scalable solution for increasing the resilience of companies in the digital world. With the Cyber Resilience Score, the shield also offers simple options for benchmarking your own cyber resilience.
Zurich, November 20, 2024 – Bug Bounty Switzerland, the Swiss pioneer in ethical hacking, presents the Cyber Resilience Shield, a powerful, scalable and easily accessible shield that strengthens companies’ resilience and thus improves their cybersecurity. With a transparent pricing model and no need for additional security resources, the Cyber Resilience Shield provides comprehensive protection at the touch of a button, tailored to the specific needs of each organization.
As a pioneer in the industry, Bug Bounty Switzerland has perfected the use of ethical hacking over the years and learned how to run bug bounty programs most effectively. Based on this know-how, the company has now developed an innovative model that optimizes ethical hacking using data from previous and ongoing bug bounty programs and with the help of modern AI technology.
Continuous tests and Cyber Resilience Score
The Cyber Resilience Shield protects companies from cyberattacks by identifying critical vulnerabilities and closing them before they are exploited. The system ensures continuous, targeted security tests that focus on the vulnerabilities with the greatest threat potential. By quickly prioritizing identified threats and providing clear recommendations for action, vulnerabilities can be addressed efficiently – even outside the organization. The Cyber Resilience Shield mobilizes all third parties required to quickly rectify the identified vulnerabilities.
An additional added value of the Cyber Resilience Shield is the assessment of an organization’s cyber resilience using the Cyber Resilience Score, which combines various dimensions of preventive cybersecurity in one value. This gives companies a clear overview of their own maturity in dealing with vulnerabilities compared to other players in their respective industry. The Cyber Resilience Score allows them to track their progress and identify the areas where the greatest need for action exists. The Cyber Resilience Shield not only provides companies with data, but also smart and detailed reports. These provide management, executives and board members with powerful insights to better understand their company’s cyber risks and improve its resilience.
Four-stage approach to increasing cyber resilience
The methodology underlying the Cyber Resilience Shield is based on a four-stage approach of “Continuous Threat Exposure Management”, which has been adapted to ethical hacking.
- Identification and monitoring of a company’s entire attack surface, including all publicly accessible assets such as brands, domains, IP addresses and cloud resources. Using the extensive data that Bug Bounty Switzerland has collected in its business activities over the years, the Cyber Resilience Shield creates a customized model to identify risk areas.
- Activation of an adaptive protection mechanism that specifically addresses the identified threats and risks. To this end, the Cyber Resilience Shield smartly orchestrates the use of ethical hackers on an ongoing basis with new findings from the available data to ensure precise and targeted protection.
- Prioritization of the vulnerabilities to be remedied based on their actual threat potential, whereby non-technical teams are also involved in the process. If necessary, Bug Bounty Switzerland also works directly with third parties and authorities to eliminate the identified vulnerabilities.
- Transparent reporting and benchmarking with the Cyber Resilience Score as a central element. The Cyber Resilience Score enables organizations to directly compare their cyber security measures with best practices and industry results. This and the smart reporting allow them to continuously adapt their security investments to current circumstances.
With the Cyber Resilience Shield from Bug Bounty Switzerland, companies get a scalable solution at the touch of a button and at a fixed annual price that is geared towards the ever-changing threats of the digital world and uses AI to strengthen their cyber resilience in a smart way. The Cyber Resilience Shield enables a quick start to continuously improve cybersecurity while providing clear, actionable insights for management.
“Without the cooperation of ethical hackers, it is impossible for companies to find all vulnerabilities in their systems exposed on the Internet. And yet many companies still refrain from using bug bounty programs – be it because they shy away from cooperating with ethical hackers, because of the complexity of the operation, the additional work or the difficult-to-plan costs,”
explains Sandro Nafzger, CEO and co-founder of Bug Bounty Switzerland.
“With the Cyber Resilience Shield, we are addressing these fears and making it easier for companies to start using ethical hacking with a perfectly orchestrated solution at the touch of a button.”
More about the Cyber Resilience Shield: www.cyberresilienceshield.com
About Bug Bounty Switzerland
Ethical hacking is an important measure of the National Cyber Strategy (NCS). Bug Bounty Switzerland AG offers organizations easy and secure access to ethical hacking and data-driven bug bounty programs with an innovative solution. With the Cyber Resilience Shield – a virtual protective shield that can be activated in no time at the push of a button – the company offers a smart solution to increase the cyber resilience of organizations. The Cyber Resilience Shield orchestrates the use of ethical hackers with the help of AI based on continuously updated data. Bug Bounty Switzerland has access to over 15,000 ethical hackers and employs 20 people in Zurich, Lucerne and Bern. Its customers include over 100 leading domestic and international organizations. Together for a resilient world.
Media contact
Sandro Nafzger
CEO & co-founder
+41 41 562 05 65
hello@bugbounty.ch
