HackerOne Closes Record Q2 as Pentesting and AI Red Teaming Business Grows 200%
Netflix, Prudential, Lowe’s, and TransUnion Join the HackerOne Platform
SAN FRANCISCO—August 5, 2024: HackerOne, the leader in human-powered security, today announced quarter-over-quarter growth as Fortune 1000 companies consistently select HackerOne as their partner of choice to engage the global ethical hacker community. The company’s AI Red Teaming and Pentest solutions saw the most growth, with customers continuing to find new ways to benefit from the unmatched skillsets of ethical hackers. Customers are also seeing more impactful results, with vulnerability findings and hacker rewards having grown 120% more compared to the same period last year.
“More enterprises are trusting the global researcher community to help them avoid a costly cybersecurity incident or embarrassing AI deployment,” said Marten Mickos, CEO at HackerOne. “As all companies continue to face cybersecurity budget constraints, they concentrate their spending on must-have solutions from market leaders.”
HackerOne partners with the ethical hacking community to innovate solutions that help customers stay ahead of emerging threats to find and fix security gaps faster. In February, the company launched AI Red Teaming to help organizations define and identify security and safety risks as they build and adopt generative AI. The same month, HackerOne announced its AI co-pilot, Hai, which enhances the insights customers can access from their HackerOne programs and vulnerability data.
“The first half of 2024 has proven that customers are taking advantage of HackerOne’s ability to scale security testing at every stage of software development,” said Dean Hickman-Smith, Chief Revenue Officer at HackerOne. “In addition to business growth in pentest and AI red teaming, recently announced VDPs and public bug bounty programs from brands like Netflix, Prudential, and Lowe’s indicate overall increased maturity in this market.”
The world’s leading brands, including the U.S. Department of Defense, Adobe, Goldman Sachs, and Hyatt, trust HackerOne to help them find their most elusive and impactful vulnerabilities.
To learn more about HackerOne, visit https://www.hackerone.com/.
About HackerOne
HackerOne is the global leader in human-powered security, harnessing the creativity of the world’s largest community of security researchers with cutting-edge AI to protect your digital assets. The HackerOne Platform combines the expertise of our elite community and the most up-to-date vulnerability database to pinpoint critical security flaws across your attack surface. Our integrated solutions, including bug bounty, pentesting, code security audits, spot checks, and AI red teaming, ensure continuous vulnerability discovery and management throughout the software development lifecycle. Trusted by industry leaders such as Coinbase, General Motors, GitHub, Goldman Sachs, Hyatt, PayPal, and the U.S. Department of Defense, HackerOne was named a Best Workplace for Innovators by Fast Company in 2023 and a Most Loved Workplace for Young Professionals in 2024.