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Press release

Bugcrowd and PrivTech Join Forces to Tackle Cyber Threats in Japan with Crowdsourced Security

Bugcrowd’s collaboration in Japan aims to build ‘the country’s greatest red team’

 

SAN FRANCISCO, Sept. 10, 2024Bugcrowd, the leader in crowdsourced security, has partnered with PrivTech, a leader in the privacy tech field, to form the most formidable red team, aimed at addressing cybersecurity threats and closing the country’s skills gap. This team of ethical hackers will specialize in identifying and neutralizing security threats before they can harm businesses.

Japan has the most acute cybersecurity skills shortage of any country in the Asia-Pacific region, estimated at 55,800 people last year. The situation is exacerbated by an aging population, with the country’s share of working age people (15-64 years) expected to shrink 20% by 2050.

Daisuke Nakamichi, CEO at PrivTech said: “Bugcrowd aligns perfectly with our mission to fortify Japan’s cybersecurity defenses. This collaboration enables us to bring unparalleled security expertise to our clients by tapping into a global network of hundreds of thousands of top ethical hackers. With Bugcrowd’s platform, we can now offer our customers a proactive and comprehensive approach to securing their digital assets, meeting the growing demand for robust, scalable cybersecurity solutions.”

Paul Ciesielski, Chief Revenue Officer of Bugcrowd, said: “We’re excited to partner with PrivTech to bring Bugcrowd’s crowdsourced security solutions to Japan. PrivTech’s forward-thinking approach to skills shortage and deep understanding of the local market make them an ideal partner. Together, we’re empowering Japanese organizations with cutting-edge cybersecurity defenses, combining the collective ingenuity of our global community of hackers with PrivTech solutions to tackle emerging threats head on.”

Jacques Lopez, Global VP of Channel & Alliances, Bugcrowd, said: “This collaboration with PrivTech is an opportunity to leverage proven methods to solve the personnel, skills, and availability gaps that are especially pronounced in Japan. The impact is significant for organizations concerned about compliance issues and the need to protect their brand and leadership from the latest threats. They now have the opportunity to receive security intelligence directly from the global ethical hacker community and safely leap ahead in security practices.”

The Bugcrowd platform connects organizations with trusted hackers, or security researchers, to proactively defend against sophisticated threat actors by leveraging the collective ingenuity of the hacking community. This enables organizations to better uncover and mitigate risks across applications, systems, and infrastructure through crowdsourced solutions such as penetration-testing-as-a-service, managed bug bounties, vulnerability disclosure programs (VDPs), and attack surface management (ASM).

 

About Bugcrowd

We are Bugcrowd. Since 2012, we’ve been empowering organizations to take back control and stay ahead of threat actors by uniting the collective ingenuity and expertise of our customers and trusted alliance of elite hackers, with our patented data and AI-powered Security Knowledge Platform™. Our network of hackers brings diverse expertise to uncover hidden weaknesses, adapting swiftly to evolving threats, even against zero-day exploits. With unmatched scalability and adaptability, our data and AI-driven CrowdMatch™ technology in our platform finds the perfect talent for your unique fight. We are creating a new era of modern crowdsourced security that outpaces threat actors.

Unleash the ingenuity of the hacker community with Bugcrowd, visit www.bugcrowd.com. Read our blog.

“Bugcrowd”, “CrowdMatch” and “Security Knowledge Platform” are trademarks of Bugcrowd Inc. and its subsidiaries. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

 

About PrivTech

PrivTech, Inc. is a pioneering Japanese startup specializing in privacy support and cybersecurity solutions. As one of Japan’s top three providers of privacy data solutions, PrivTech integrates advanced risk mitigation strategies to protect businesses from both regulatory and cybersecurity threats. With an elite team of bilingual security experts, PrivTech is committed to helping Japanese companies navigate the complex digital landscape with confidence. Our innovative approach and strong customer base position us as a trusted leader in the Japanese market.

 

Contact

Nathaniel Hawthorne
Lumina Communications for Bugcrowd
press@bugcrowd.com
bugcrowd@luminapr.com