An Agent-Based Modeling Approach to Designing and Optimizing Bug Bounty Programs for Cybersecurity in Developing Countries

The increasing adoption of information and communication technology (ICT) in developing countries presents both opportunities and challenges. A significant challenge is the proliferation of cyber threats and vulnerabilities as digital infrastructure expands. Bug bounty programs, which offer rewards to individuals discovering and reporting vulnerabilities, have emerged as innovative cybersecurity solutions. While these programs have gained recognition in developed countries, their potential impact and effectiveness in developing countries remain largely unexplored. This research investigates the role of bug bounty programs in developing countries, with a focus on evaluating their effectiveness in enhancing cybersecurity. The study draws insights from a case study of Japan, aiming to assess the applicability and effectiveness of bug bounty programs in developing country contexts. By examining Japan's experiences and outcomes with bug bounty programs, the research seeks to determine their potential impact on vulnerability discovery and mitigation in similar settings. Utilizing agent-based modeling and simulation techniques in NetLogo, the study creates a virtual environment to simulate bug bounty programs within the Japan context. The simulation models various parameters, including reliability, response time, talent, and technology policies, to analyze the implications of bug bounty programs on vulnerability discovery and mitigation. The study contributes to understanding the applicability and effectiveness of bug bounty programs in developing countries, shedding light on their potential to enhance cybersecurity practices. Research findings aim to inform policymakers, organizations, and security practitioners about the benefits and challenges of implementing bug bounty programs in these contexts. Leveraging data and insights from the case study, the research provides valuable guidance on adapting bug bounty programs to the specific needs of developing countries. Ultimately, this research promotes bug bounty programs as a means to strengthen cybersecurity practices not only in Japan but also in developing countries, fostering a safer and more secure digital landscape.