A Novel Approach to Security Bug Bounties

In Episode S4E4, we have two guests. We talk with Jonatan Altszul, CEO at BitTrap and Ariel Futoransky, BitTrap’s CTO. Our topic is A Novel Approach to Security Bug Bounties. BitTrap helps companies find breaches faster by installing wallets with risk-adjusted bounties. When an attacker cashes a wallet, they notify the company of the breach so they can take remediation actions to patch it.

Some of the topics we cover include:

  • Why bug bounties are necessary
  • What works and what can be improved
  • BitTrap’s novel approach to bug bounties

A little about our guests:

Jonatan Altszul has been building companies in the Cybersecurity Industry for over 30 years. In the past, as a founder of Core Security Technologies, Jony developed the first automated penetration testing software product, earning the loyalty of clients such as Apple, Cisco, Department of Homeland Security, NSA, NASA, Lockheed Martin, and DARPA.

As a founder of Disarmista, Jony developed some of the most popular cybersecurity products for the largest companies in the Industry. As co-founder and CEO, Jony now leads BitTrap, where he combines his many years of experience in Cybersecurity, leveraging his expertise in Attacker Behavior with his passion for building companies and defining product new categories.

Ariel Futoransky is curious about science & technology, its future, and how it will continue to impact society. A founder of Core Security Technologies, Disarmista, and BitTrap. He is a researcher, programmer, entrepreneur and has made contributions to cryptography, Cybersecurity, and blockchain.


Don’t miss this opportunity to learn more about a new way to use security bug bounties.

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Steven Bowcut is an award-winning journalist covering cyber and physical security. He is an editor and writer for Brilliance Security Magazine as well as other security and non-security online publications. Follow and connect with Steve on Twitter, Instagram, and LinkedIn.