French startup YesWeHack raises €4 million with plans to disrupt Europe’s cybersecurity market
Summary
Rouen-based YesWeHack offers companies an innovative approach to cybersecurity with its Bug Bounty program (pay-per-vulnerability discovered), connecting more than 7,000 cybersecurity experts (ethical hackers) across 120 countries with organisations, reporting vulnerabilities in their websites, mobile apps, infrastructure and connected devices. With the new funding, YesWeHack intends to play a key role in the development of an agile approach to security as a way to accelerate digital transformation. Bug Bounty fits into the DevSecOps trend (development-security-operations), which embeds security into projects in a more proactive way from their inception. Open CNP was set up in 2016, to channel financial support to disruptive startups and work alongside them to develop advanced solutions in growth fields such as fintech, insurtech, e-health and other technologies – with the long term vision of better serving its customers. CNP Assurance has been using the YesWeHack platform since July 2018 to run its Bug Bounty program.