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Explore the concept of bug bounty programs through this 56-minute conference talk by Julian Berton at NDC Conferences. Discover how SEEK allowed 50 hackers worldwide to test their web applications, resulting in a successful and cost-effective security initiative. Learn about the benefits of bug bounty programs, including reduced security testing costs, improved bug identification quality, and continuous web app testing. Gain insights into SEEK's experience, lessons learned, and how this program integrates into their broader application security strategy. Understand the growing importance of bug bounty programs in the industry and their potential impact on web application security.