Bugcrowd has launched its latest virtual collaboration challenge, Hacker Showdown, where eight teams of three hackers competed to find vulnerabilities in customers' security systems. The event saw over 300 hackers participate, with a total payout reward exceeding $750k and nine trophies won. One team, "Do's and Don'ts," emerged as the winner, taking home the grand prize of $30k. Bugcrowd has also expanded its competition regulations to include more qualified hackers and raised the bar for qualifying submissions. The company plans to continue investing in the Crowd and supporting customers through tournaments, including a new event scheduled for October 2025, which will mark National Cyber Security Awareness Month. Interested parties can opt-in now or become sponsors, with early hacker sign-up starting on September 1st, 2025.