Fraud prevention technology provider Arkose Labs announced the launch of a private bug bounty program on crowdsourced security platform Bugcrowd. Based in San Francisco, Calif., the company leverages global telemetry with a proprietary challenge–response mechanism to help organizations prevent fraud in sectors such as online marketplaces, travel, banking, social media, ticketing and online gaming. A public bug bounty program that Arkose Labs launched on Bugcrowd last year has improved development process with the inclusion of crowdsourced cybersecurity testing as an additional validation step, the company says. With the new private program, the company wants to tap into the skill sets of Bugcrowd's Elite Crowd and tailor testing to help eliminate account takeover attacks, fake user registrations, an...