Porsche Launches Four-Week Bug Bounty Program to Strengthen Cybersecurity

Porsche Launches Four-Week Bug Bounty Program to Strengthen Cybersecurity

(IN BRIEF) After a successful pilot in 2023, Porsche is launching a four-week Bug Bounty program to further improve the security of its products and services. The program invites ethical hackers to identify and report vulnerabilities before they can be exploited. Following the pilot’s success with over 200 cybersecurity researchers, Porsche plans to make the Bug Bounty initiative a regular part of its security strategy. The program complements Porsche’s existing cybersecurity measures and offers financial rewards to participants who report genuine security issues.

(PRESS RELEASE) STUTTGART, 13-Nov-2024 — /EuropaWire/ — Following the success of a pilot initiative in 2023, Porsche is rolling out a four-week Bug Bounty program this year. The sports car manufacturer aims to enhance the security of its products and digital services through collaboration with external cybersecurity experts.

The program will bring together highly skilled ethical hackers, who will work under specified conditions on targeted projects. Their primary objective is to identify and report potential security vulnerabilities before they can be exploited by malicious actors.

The 2023 pilot program proved to be a resounding success, engaging over 200 cybersecurity researchers from around the globe. This positive outcome has led Porsche to commit to running Bug Bounty programs regularly to strengthen the security of its digital services.

The Porsche Bug Bounty Cybersecurity Program

Porsche’s Bug Bounty initiative works in tandem with the efforts of the company’s global cybersecurity team, enhancing the protection of customer, employee, and corporate data. It draws on the collective intelligence and creativity of the global security community, with initiatives being announced through established bug bounty platforms. When a participant uncovers and reports a valid security flaw, they are rewarded with a financial incentive.

“Ensuring the security of customer, employee, and corporate data is our top priority,” said Jörg Möbes, Director of Information Security and Chief Information Security Officer at Porsche AG. “Engaging with Bug Bounty programs is the logical next step in our ongoing commitment to cybersecurity.”

Media Contact:

Stefan Mayr-Uhlmann
Spokesperson Finance and IT
stefan.mayr-uhlmann@porsche.de
+49 (0) 1523 / 911 7804

Source: Porsche