[ANN] Buglab - Cybersecurity Penetration Testing on the Ethereum Blockchain

[buglab.co]

Buglab is using blockchain technology to develop a world-class cyber security platform. The Buglab platform links organizations
that have information security needs with a community of certified cybersecurity penetration testers in an incentivized environment.

HTTPS://BUGLAB.IO

The buglab solution detects and remedies vulnerabilities on various business applications, websites, mobile applications, IoT devices, and smart contracts by transforming penetration test services into challenges, referred to as contests. These contests are geared towards a community of independent information security consultants with certified qualifications.

Buglab was sparked from a rise in cybercrime. The current reality is that cybercrime is a growing concern for anyone who owns a device equipped with Internet capability. Seeing as that’s virtually every single person you know, except maybe your grandmother, we should all have cause for concern when it comes to cybercrime.

TECHNOLOGY

Buglab is a cybersecurity crowdsourcing platform that will run on blockchain technology. The company plans to organize penetration tests, also known as “contests,” for various businesses using Internet-capable devices. If a business utilizing mobile applications, IoT devices, websites, or even blockchain-based applications (such as smart contracts) then buglab will effectively highlight and remedy any threatening vulnerabilities on an Internet-based hardware. In other words, buglab will hack you first, so you don’t get hacked by the bad guys down the road. The contests work by inviting a community of trusted and professional cybersecurity pentesters to find vulnerabilities on your systems; essentially, any of your Internet-capable devices. After a lengthy vetting process by buglab, the pentesters will sift through the devices of your choosing, detecting and fixing vulnerabilities. The buglab methodology links organizations that have information security needs, which is just about all of them, with a community of certified cybersecurity penetration testers in an incentivized environment, where testers are rewarded when they uncover system vulnerabilities, ranked by severity and potential impacts. It’s done as a race against time. The buglab platform enables companies to either use a mass of pentesters from the extensive community, or choose a validated team from a known company. More to that point, a variety of customizations that meet your company’s specific organizational needs are expected to be available in the near future.

Read the Buglab Whitepaper

Some of the key features that will be available to companies include the following: Public contest: Companies outline their contest stipulations and invite the larger community to participate in the competition. Private contest: Companies also have the option of choosing a select number of pentesters from the community, or choose a validated team from a known cybersecurity firm to complete the challenge.

Selection filters: During a private contest, companies have the option of selecting pentesters using different filters. For example, you may choose pentesters by country, score, skill set, area, etc. Fix companion: At the Enterprise level, buglab will verify that the fix has been implemented by exploiting the vulnerability again. Once confirmed as fixed, a buglab team of analysts will update the status accordingly in the platform. Beyond the fundamentals, below are other ways buglab will protect your business. Vigilante Protocol: This program is an open reporting system that enables both experts (known as white-hat hackers), and anonymous users to report vulnerabilities to companies that are not using buglab’s services. Essentially, the program sustains a community where members can share information in a secure, legal, and ethical way.

Simplified billing: A system that ensures affordability and guarantees results. Services are provided at a fixed rate for all small- to medium-sized businesses, and in the event that no vulnerabilities are detected, buglab will refund your money. Real-time vulnerability management: This feature allows clients to receive consistent and reliable updates on issues being detected. Businesses have the opportunity to follow contest progress, and communicate directly with pentesters. Blockchain technology: A key feature offered by Buglab that deploys expertise and smart contracts across the blockchain.

THE TOKEN (BGL)

The platform token is named BGL. Individuals will be able to access buglab services, as well as participate in contests, by using BGL. Companies will be able to purchase cybersecurity services with BGL, while pentesters and white-hat hackers will be rewarded for their participation in both the contests and the vigilante program. Buglab’s advantages are leveraged off the blockchain, namely through the deployment of smart contracts that rely on distributed ledger technology. The result is a robust, secure, and acutely hack-resistant platform. In other words, buglab is a preventive and comprehensive, yet secure solution, to cyberattacks that are threatening your business.

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[buglab.co]

Great idea and team, I will be there to join for sure

Good luck for your project guys!

Thank you for the support! Appreciated.

[SeveralQ]

Hi everyone! Just added BugLab ICO to my website https://concourseq.io/Q/BugLab. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

[Ameed88]

Good luck for you guys
I hope you the best

[buglab.co]

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[Joker07]

Woow Great project
Good luck
how to buy ??

There will be a masternodes ??

[gold969]

just one tweet and I'll go further, if there is a desire to thank the address always find on my page on Twitter .... https://twitter.com/Bill_Djons/status/958530265923629056

[buglab.co]

Woow Great project
Good luck
how to buy ??

There will be a masternodes ??

There won't be masternodes, you can check our whitepaper and token overview docs for more info about how buglab and BGL tokens work.

If you have any questions after that we are here to help.

[buglab.co]

just one tweet and I'll go further, if there is a desire to thank the address always find on my page on Twitter .... https://twitter.com/Bill_Djons/status/958530265923629056

Thanks for sharing. 

[himanshu93]

Really nice Idea it's on my watchlist.. just going through the whitepaper Now.

[alexandrofff]

I guess your problems can be solved by an affiliate program. You can see an example of LucktToken

[buglab.co]

Really nice Idea it's on my watchlist.. just going through the whitepaper Now.

Let us know of any questions.

[buglab.co]

I guess your problems can be solved by an affiliate program. You can see an example of LucktToken

Not sure if that has the same use case/utility, never heard of it.

What we do is allow the community of pentesters and security researchers to participate in contests organized to discover bugs and security holes in businesses' networks, websites, etc...
At the same time they can also earn rewards for discovering vulnerabilities given them a good incentive.

[lubing7683]

A very good concept, with the development of the block chain, it is very important for many enterprises. and what is pre-sale bonus and minimal size of investments?

[buglab.co]

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[Nobodyishere]

It looks very nicely! Good Luck Devs !

[patz22]

This would be a wonderful project once it is released for the users due to a lot of security issues over the net however how can we ensure that this white hat hackers will not turn down the system in the future? Anyways,  I know that your team will definitely get all trusted people.

[buglab.co]

Securing an IoT Device is Easier than You Think

The demand for IoT devices is on the rise, and that means it’s more important than ever for developers to take cyber security seriously.

If you haven’t already heard of Internet of Things (IoT) devices, you are sure to hear a lot about them in 2018. In fact, business leaders
and tech experts are saying these devices will be the biggest technological trend of the year...

https://blog.buglab.io/securing-an-iot-device-is-easier-than-you-think-c9c9898a83d2

[azdine.bouhou]

This would be a wonderful project once it is released for the users due to a lot of security issues over the net however how can we ensure that this white hat hackers will not turn down the system in the future? Anyways,  I know that your team will definitely get all trusted people.

thank you for your support, to answer you, the first thing is that unlike the bug bounty platforms, we don’t let anyone contribute to our challenges. The pentesters who will be on our platform must already be certified and validated by our teams. In addition, a company has the posibility to invite pentesters from a defined their country.

Then on each competitions, the pentesters must agree our code of conduct.

Finally, the purpose of the competition is precisely to discover all the vulnerabilities and that these are fixed by the companies. So it should no longer be possible to exploit.

We remain at your disposal for any further details

[buglab.co]

This would be a wonderful project once it is released for the users due to a lot of security issues over the net however how can we ensure that this white hat hackers will not turn down the system in the future? Anyways,  I know that your team will definitely get all trusted people.

thank you for your support, to answer you, the first thing is that unlike the bug bounty platforms, we don’t let anyone contribute to our challenges. The pentesters who will be on our platform must already be certified and validated by our teams. In addition, a company has the posibility to invite pentesters from a defined their country.

Then on each competitions, the pentesters must agree our code of conduct.

Finally, the purpose of the competition is precisely to discover all the vulnerabilities and that these are fixed by the companies. So it should no longer be possible to exploit.

We remain at your disposal for any further details

Thanks for popping around to answer Azdine!