Today, we announced a new product designed to meet the changing security needs of today’s enterprise: Bugcrowd Next Gen Pen Test.

According to our recent survey of 200 security leaders, 56% are dissatisfied with their current pen test efforts, and 70% say they don’t believe their current pen test methodology uncovers priority security vulnerabilities. This is because while organizations perform pen tests with the goal of identifying all vulnerabilities on a target, what they receive is far more limited.

In fact, 70% of security leaders report they do not receive coverage analysis with their current pen tests and 85% are unable to integrate pen test results into the software development lifecycle. More than half of all security teams spend at least 75 hours per pen test to triage and validate the findings and results. That is a lot of time and money that could be spent elsewhere.

The bottom line: organizations spend millions of dollars a year on pen tests, without seeing any value. The traditional pen test model is constrained by limited resources, with limited depth, on a limited schedule. That model is dead.

Next Gen Pen Test brings the best of the crowdsourced security model to take pen tests to the next level, disrupting the current pen test market with three distinct differentiators:

  • Continuous coverage
  • Proven pen testers and whitehat hackers
  • SDL integrations

Bugcrowd’s Next Generation Pentesting (NGPT) goes beyond traditional pen testing, introducing continuous testing, crowdsourced researcher collaboration, and business process integrations (i.e., Jira) via SaaS platform, to the compliance-driven coverage analysis, comprehensive methodology and reporting that you have come to rely on in a pen test.

NGPT delivers the only scalable model for sidestepping the pen test operational and financial pitfalls, while creating compound value across the business.

Bugcrowd’s CrowdMatchTM technology leverages our unparalleled knowledge of the behaviors, performance, and skills of a crowd of thousands of uniquely skilled pen testers and whitehat hackers to build the ideal pen testing team for every engagement.

Fueled by the right team, for the right engagement, at the right time, Bugcrowd is able to deliver on-demand and continuous testing, with higher signal-to-noise ratio, in less time, with less overhead. With the added power of our specialized cloud platform, customers enjoy greater transparency and coverage assurance, direct researcher collaboration, flexible business process integration, and dramatic improvements to both security posture and software development best practices.

If you want to learn more about Bugcrowd Next Gen Pen Test, join SAP Concur’s Application Security Manager Rory Mcentee, Bugcrowd’s CSO David Baker, and VP of Researcher Growth, Jason Haddix for a live discussion on top reasons to swap your traditional pen test for a Next Gen Pen Test.

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