Rafael Narezzi is CIO of financial services firm TS Lombard in London. Narezzi: Firms need to be spending more on incentivizing good researchers to find flaws in technology before bad actors discover them. He expects more organizations to get on the bug-hunting bandwagon when EU regulators begin enforcing the General Data Protection Regulation in May 2018. He warns that cybercrime gangs breaching or claiming to have hacked into an organization then extorting the victim in exchange for a promise to not disclose the breach to regulators.”]
Source: https://www.cuinfosecurity.com/business-case-bug-hunters-need-better-financial-incentives-a-10449