by Hong Kong S.A.R., 23rd Apr 2024 – In a collaborative effort to combat the escalating issue of cyber threats and the talent gap in the cybersecurity sector, Cyberbay is delighted to partner with TMG Security to unveil the “Learn and Earn Program.” This innovative initiative is designed to nurture the next generation of cybersecurity talents.
The global landscape has seen a disconcerting surge in cyber attacks in recent years, leading to a shortage of cybersecurity professionals. Cybersecurity Ventures reports that by 2025, the annual cost of cybercrime is expected to surge to over $10.5 trillion. Furthermore, they predict a global cybersecurity workforce gap of 3.5 million professionals by 2024. This shortfall, amplified by the rapid digitization of industries and the expansion of cloud computing, all contribute to an enlarged attack surface for cybercriminals. In light of these pressing matters, Cyberbay and TMG Security have strategically partnered to confront this issue.
The “Learn and Earn Program” offers an expertly designed curriculum of real-world bug bounty courses. The program enables participants to develop crucial cybersecurity skills while earning rewards for successful bug discoveries. This blend of theoretical knowledge and hands-on experience equips students with the necessary tools and expertise to effectively counter evolving cyber threats.
Cyberbay’s bug bounty platform serves as an essential instrument for TMG cybersecurity students to hone their skills and contribute to the security landscape while earning financial rewards. This provides a distinctive opportunity for students to assess various systems for vulnerabilities and identify potential security flaws. Participants in the Cyberbay bug bounty program can apply the theoretical knowledge they gleaned from the TMG courses to gain practical experience.
Felix Kan, CEO of Cyberbay, expressed his enthusiasm regarding the partnership, “We are excited to launch the Learn and Earn Program. This initiative empowers students to develop vital skills while offering organizations a continuous security assessment through Cyberbay’s bug bounty platform.” Mayank Gandhi, CEO of TMG Security, echoed the sentiment, saying, “By pooling our resources and expertise, we can significantly impact the critical shortage of cybersecurity researchers.”
For additional information about Cyberbay’s bug bounty platform and the partnership, please visit https://cyberbay.tech/.
About Cyberbay:
Cyberbay is an AI powered, crowdsourced bug bounty platform that acts as a bridge between organizations and a global community of security researchers. By leveraging the collective skills and expertise of these researchers, Cyberbay helps organizations detect vulnerabilities in their digital systems. Cyberbay strives to make cybersecurity effortless, more secure, and accessible for all.
For more details, contact Galina Kho, Chief Strategy Officer, Cyberbay at galina@cyberbay.tech, call +1 646 546 7608 or +852 97190043.
About TMG Security:
TMG Security is a renowned cybersecurity firm specializing in course development, instructional design, and educational support. With expertise in creating effective cybersecurity training programs, TMG Security equips individuals and organizations with the knowledge and skills needed to defend against cyber threats.
For more details, connect with Mayank Gandhi, Founder & CEO, of TMG Security, at ceo@tmgsec.com or call +91 6283538660.
Media Contact
Organization: Cyberbay
Contact Person: Galina Kho
Website: https://cyberbay.tech/
Email: Send Email
Contact Number: +85297190043
Country: Hong Kong S.A.R.
Release Id: 23042411329
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