Case Study: SEON achieves successful US expansion with Hackrate’s managed bug bounty program

SEON’s successful US expansion with Hackrate’s managed bug bounty program

SEON, a company providing AI-powered fraud prevention solutions, faced the challenge of meeting strict US cybersecurity requirements during its expansion from Europe. To build trust and comply with the rigorous regulatory landscape, they required a robust security strategy and chose Hackrate's managed private bug bounty program.

Hackrate implemented a crowdsourced security testing solution, utilizing its global community of ethical hackers to uncover vulnerabilities traditional methods might miss. The solution provided SEON with clear, detailed reports that enabled them to prioritize fixes effectively. This proactive approach from Hackrate improved SEON's security posture, ensured regulatory compliance, and was instrumental in their successful expansion into the North American market.

SEON

Richard Kirner

Head of Security