SOFTSWISS Unveils Private Bug Bounty Program to Enhance Cybersecurity

SOFTSWISS, a prominent software provider in the iGaming industry, has taken a significant step to bolster its cybersecurity measures by launching a private Bug Bounty Program. The initiative aims to enhance security by collaborating with white hat hackers and independent security researchers. By incentivizing experts to identify vulnerabilities, SOFTSWISS strives to maintain the highest security standards for its products and safeguard its clients’ operations.

In contrast to public bug bounty programs, which are open to a wider audience, the SOFTSWISS initiative operates on an invitation-only basis. This selective approach helps ensure that only high-quality and relevant vulnerability reports are submitted. Public programs, while useful for broader input, often generate a larger number of less critical reports. The private nature of this program ensures that attention remains focused on the most serious security threats, allowing SOFTSWISS to prioritize significant cybersecurity issues.

Financial Incentives for Vulnerability Discovery

To encourage the discovery of vulnerabilities, SOFTSWISS is offering financial rewards based on the severity and complexity of the bugs reported. Depending on the level of vulnerability uncovered, participants can earn up to 3,500 euros. This incentive structure adds an additional layer of defense, providing SOFTSWISS with an unbiased external evaluation of its systems.

“We care about the security of our clients and their players, which is why it is important for us not only to pay close attention to protecting the products we develop but also to constantly recheck our applications with the help of skilled external experts and enthusiasts,” said Evgeny Zaretskov, Group Chief Information Security Officer at SOFTSWISS.

He emphasized that collaboration with external security professionals allows the company to maintain high standards of data protection and provide uninterrupted services for its clients.

“SOFTSWISS is proud to set a new standard for cybersecurity by leveraging crowdsourced expertise,” Zaretskov added. “In this ever-evolving landscape, even a minor bug can lead to significant losses for operators. The Bug Bounty Program is an extra measure to protect our existing and future clients.”

The program initially covers two key SOFTSWISS products: the SOFTSWISS Casino Platform and the SOFTSWISS Sportsbook. These products are tested in a controlled environment, isolated from live systems, to ensure that the player experience and platform performance are not disrupted. This strategic approach enables the company to rigorously test its products without compromising the ongoing operations of its clients.

“Cybersecurity is an ongoing battle,” said Artyom Buchkov, Deputy Chief Security Officer at SOFTSWISS. “No company can discover all vulnerabilities on its own. This program enables talented hackers to legally hack an online casino, helping us anticipate and defend against potential threats. It strengthens our commitment to providing the most secure software and platforms in the iGaming industry.”

The initiative also aligns with SOFTSWISS’s broader goal of fortifying its cybersecurity infrastructure. By engaging with independent security experts, the company gains fresh perspectives on potential vulnerabilities that could otherwise go undetected. The Bug Bounty Program serves as an essential component of the company’s ongoing efforts to prevent cyber threats before they cause harm.

Future Plans to Expand the Program

SOFTSWISS has revealed plans to expand the Bug Bounty Program over time. The company intends to include additional products in the program, continuously refining its security protocols to address the ever-changing cybersecurity landscape. The goal is to maintain a robust and adaptive defense system that evolves alongside emerging threats.

SOFTSWISS’s cybersecurity team is committed to broadening the scope of the program, ensuring that security standards remain at the forefront of their operations. As new products are added, the requirements for bug submissions will also be adjusted to meet the highest levels of cybersecurity.

For those interested in learning more about SOFTSWISS’s cybersecurity initiatives, the company will be present at the SBC Summit Lisbon from September 24 to 26. Industry professionals can visit stand B-160 to engage with SOFTSWISS specialists and product teams. This event presents an opportunity to discuss not only the Bug Bounty Program but also other critical topics related to cybersecurity in the iGaming industry.

Source:

''SOFTSWISS Launches Bug Bounty Program to “Hack the System”'' Press Release. Septembre 17, 2024.