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SAN FRANCISCO--September 25, 2019 --HackerOne, the number one hacker-powered pentesting and bug bounty platform, today announced HackerOne Bounty was chosen as a 2019 Cyber CatalystSM designated cybersecurity solution. HackerOne Bounty delivers continuous testing to secure applications that power customers' organizations. HackerOne Bounty was selected by Cyber Catalyst insurers as a solution that can have a meaningful impact on reducing cyber risk. Cyber Catalyst was created by Marsh, a global leader in insurance broking and innovative risk management solutions to help organizations make more informed cybersecurity choices.

HackerOne Bounty delivers meaningful impact by helping organizations secure the applications that matter most with continuous crowdsourced security testing done by a global community of security researchers – over 500,000 specialized hackers. Customers leverage the HackerOne platform’s flexibility to design a continuous, results-driven program to secure their applications. With HackerOne’s team of in-house experts, the most flexible platform and best-practices gained from launching more programs than anyone, HackerOne’s 1,500 customer programs have resolved more than 130,000 security vulnerabilities for companies like Goldman Sachs, PayPal, Hyatt, Twitter, GitHub, Nintendo, Starbucks, Dropbox, Intel, Verizon Media, and more.

“In the highly complex cybersecurity marketplace, Cyber Catalyst gives business leaders greater clarity and confidence in their cybersecurity choices,” said Tom Reagan, US Cyber Practice Leader at Marsh, which created the Cyber Catalyst program. “We’re excited to showcase leading-edge solutions like HackerOne Bounty, which was identified by participating insurers as able to have a meaningful impact on cyber risk.”

HackerOne Bounty was designated by leading cyber insurers — Allianz; AXIS; AXA XL, a division of AXA; Beazley; CFC; Munich Re; Sompo International; and Zurich North America — who, as participants in Cyber Catalyst, identified products and services they consider effective in reducing cyber risk.

“With the mission to help organizations make well informed cybersecurity decisions, the Cyber Catalyst designation of HackerOne Bounty is further recognition of the value of hacker-powered security,” said Deborah Chang, Vice President of Business Development and Public Policy at HackerOne. “HackerOne Bounty has been in the DNA of HackerOne since the beginning, and we are honored to see our solution recognized as an effective way to reduce cyber risk.”

More than 150 cybersecurity products and services were submitted for evaluation, spanning a broad range of cybersecurity functions such as data, hardware, network, infrastructure, endpoint, application, and messaging security; IoT controls; identity and access management; and risk and compliance. The Cyber Catalyst designation reflects the consensus of the independent reviews and decisions of the participating insurers. A full list can be found at: marsh.com/cybercatalyst

With HackerOne Bounty, HackerOne experts will design, manage, and support your bug bounty program from end to end, including triage services so your team receives only valid, well-documented vulnerability reports. To learn more about how this solution stands out against any other hacker-powered security solution, visit: https://www.hackerone.com/product/bounty. For more on the basics of bug bounty programs and the benefits of working with hackers to shore up security defenses, visit: https://www.hackerone.com/resources/bug-bounty-basics