Cosmos Labs Sees Surge in Bug Bounty Submissions

Cosmos Labs has reported a significant increase in the volume of submissions to its bug bounty program, with a 900% rise compared to last year, reaching between 20 to 50 reports daily. According to NS3.AI, this surge is attributed to the influence of AI technologies, which are enhancing the number of valid reports while also contributing to a rise in false positives. Barry Plunkett and Komodo Platform CTO Kadan Stadelmann noted that the increased workload for teams reviewing security reports is a direct result of AI's impact on the submission process.