Quantifying the Value of Bug Bounty Programs: ROI, ROM, or Both?

This HackerOne whitepaper-style article explains how organizations can measure the value of bug bounty and human-powered security programs using traditional ROI and Return on Mitigation (ROM), presents a financial-services case study and industry statistics (e.g., average bug price and estimated breach costs), and argues that bug bounties provide cost-effective risk reduction and strategic value for security budgets.