If you want to make money as a bounty hunter today, head to the Wild West of the Internet.
Start-up cybersecurity companies are catching criminals before they act, by hiring "white hat" hackers—the good guys—to run bug bounty programs and find vulnerabilities in client networks.
According to a study released by the Ponemon Institute, which conducts independent research on privacy, data protection and information security policy, the total average cost of a data breach for companies around the world has increased to $3.8 million, up from $3.5 million a year ago. Since hackers can adapt much more quickly than algorithms can be created, individuals well trained in cybersecurity may now be considered a less expensive solution to stopping the latest type of online security threats...