Bugcrowd Updates Vulnerability Rating Taxonomy for Large Language Models, Enhancing Cybersecurity Collaboration

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Bugcrowd, a leading crowdsourced cybersecurity platform, has implemented an industry-first AI Vulnerability Rating Taxonomy (VRT) for Large Language Models (LLMs). This update to the VRT defines and prioritizes crowdsourced vulnerabilities in LLMs, providing hackers, customers, and Bugcrowd’s application security engineers with a standardized way to report suspected vulnerabilities.

The latest release of Bugcrowd’s VRT, inspired by the OWASP Top 10 for Large Language Model Applications, represents a significant milestone in the crowdsourced cybersecurity industry. It establishes a shared understanding of how LLM-related vulnerabilities are classified and prioritized, enabling hackers to focus their efforts on specific vulnerabilities and create targeted proofs-of-concept. Program owners with LLM-related assets can now design project scopes and rewards that yield optimal outcomes.

Bugcrowd initially created the VRT in 2016 as an ongoing open-source project aimed at standardizing risk severity reporting. Over the years, the VRT has evolved to reflect the ever-changing threat landscape, and hundreds of thousands of vulnerability submissions have been validated, triaged, and accepted by program owners on the Bugcrowd Platform.

By implementing the AI Vulnerability Rating Taxonomy for LLMs, Bugcrowd offers a comprehensive framework that enhances collaboration between researchers, customers, and the Bugcrowd community. With a shared understanding of risk severity, all stakeholders can effectively assess and address vulnerabilities, fostering a safer digital environment.

Bugcrowd’s CEO, Ashish Gupta, highlighted the importance of the VRT update, saying, The implementation of the AI Vulnerability Rating Taxonomy for Large Language Models marks a crucial step forward in the evolution of crowdsourced cybersecurity. It empowers hackers and customers with a shared language to identify and address vulnerabilities specific to LLMs and promotes more targeted and effective efforts in the field.

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The introduction of the VRT will undoubtedly bolster Bugcrowd’s status as a pioneer in the field of crowdsourced cybersecurity, reinforcing its commitment to providing innovative solutions to the ever-expanding challenges posed by advanced technology. With this groundbreaking update, Bugcrowd continues to lead the way in ensuring digital security across various industries.

In conclusion, Bugcrowd’s implementation of the industry-first AI Vulnerability Rating Taxonomy for Large Language Models is a significant development in the world of crowdsourced cybersecurity. By standardizing the classification and prioritization of LLM-related vulnerabilities, Bugcrowd enables hackers to focus their efforts while empowering program owners to optimize project scoping and rewards. This update further solidifies Bugcrowd’s position as a trailblazer in the field and reinforces its dedication to safeguarding the digital landscape.

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