Starting in late 2006, numerous subprime mortgage lenders have experienced severe financial distress. Rising interest rates, slower house price appreciation, and increasing delinquencies and defaults by borrowers form the backdrop. These difficulties have led to investigations by regulators, bankruptcy filings, and litigation from securities holders.
“Bug bounty” demands: legal bane or information security boon?
A “bug bounty” request occurs when a self-described security researcher contacts a company, claiming to have discovered an information security vulnerability,...