PR90032

SINGAPORE, June 10, 2021 /PRNewswire=KYODO JBN/ --

Focused on vulnerabilities of personal data, Lazada will pay out up to

US$10,000 in rewards to ethical hackers

Southeast Asia's leading eCommerce platform Lazada announces the launch of a

public bug bounty program with YesWeHack to identify vulnerabilities, after

running a successful 18 month-long private program. Since January 2020, Lazada

has been working with ethical hackers to detect security vulnerabilities in its

IT environment as part of a private bug bounty program, and is now opening the

program to the entire cybersecurity community.

With the launch of this public Bug Bounty program, Lazada is making a statement

to the eCommerce industry, and highlighting the priority it places on security

and transparency for its customers and partners, by offering security

researchers up to US$10,000 per bounty.

Protecting customer data is a top priority

Founded in 2012 and headquartered in Singapore, Lazada is one of the leading

e-commerce platforms in Southeast Asia and was acquired by Alibaba Group in

2016. The company, which has operations in Indonesia, Malaysia, the

Philippines, Singapore, Thailand and Vietnam, also offers logistics, retail

technology and payment services solutions, in addition to LazMall, the region's

largest virtual mall with over 18,000 brands.

Since the launch of its private bug bounty program, Lazada has worked with over

one hundred ethical hackers to surface vulnerabilities, and has awarded over

US$150,000 in bounties to security researchers. This includes a pre-launch

event for the public program conducted that saw hackers from the YesWeHack

community identify vulnerabilities in 48 hours.

"Given the importance of data and personal information, Lazada takes great care

in protecting our customers and we have worked to patch these vulnerabilities,

to ensure a safe shopping platform. With the evolving nature of data security,

as well as the aggressive nature of hackers who exploit technology to steal

data, we believe in working with the larger cybersecurity community to

strengthen our IT ecosystems," says Alan Chan, Chief Risk Officer of Lazada

Group.

"Since working with YesWeHack, we have improved our security by enhancing our

Secure Software Development Process, to avoid the same type of vulnerability

coming up again. It has been very useful to verify with the wider researchers

that our security monitoring can catch exploitation of vulnerabilities."

Up to US$10,000 reward for reports on critical vulnerabilities

Lazada is now taking additional steps in providing transparency and security to

its customers, by transferring the areas previously tested in the private

program to a public program. This allows cybersecurity researchers from all

over the world to participate in the program and report vulnerabilities to the

eCommerce platform.

Furthermore, special attention will be paid to vulnerabilities that affect

personal data and have severity levels of "high" or "critical." For submitted

reports on critical vulnerabilities, Lazada will pay out up to US$10,000 to

security researchers. More information of the public bounty program can be

found here(https://yeswehack.com/programs/lazada).

"By launching this latest public bug bounty program, we are sending a clear

message to everyone, that we value the importance of data in our possession. We

believe in the expertise of the YesWeHack community and are excited to continue

to work with ethical hackers in identifying new attack methods and countering

them. This is about protecting our data, protecting our employees and

protecting our customers against vulnerabilities," says Franck Vervial, Head of

Cyberdefence at Lazada.

"YesWeHack is delighted to partner with Lazada and expand our market in Asia,

ensure their e-commerce platform and its customers are protected against

increasingly sophisticated cyber threats," says Kevin Gallerin, Managing

Director, APAC at YesWeHack. "The switch to a public program follows over 18

months of collaboration, during which our global community of researchers has

demonstrated its effectiveness and broad spectrum of skills. By reaching out to

a broader community, Lazada strengthens its security, champions transparency

and data privacy and protection. Ultimately, building and maintaining the trust

and experience of the several million users across APAC."

About Lazada Group

Founded in 2012, Lazada Group is the leading eCommerce platform in Southeast

Asia. We are accelerating progress in Indonesia, Malaysia, the Philippines,

Singapore, Thailand and Vietnam through commerce and technology. With the

largest logistics and payments networks in the region, Lazada is a part of our

consumers' daily lives in the region and we aim to serve 300 million shoppers

by 2030. Since 2016, Lazada is the Southeast Asia flagship platform of the

Alibaba Group powered by its world-class technology infrastructure.

About YesWeHack

Founded in 2015, YesWeHack is a Global Bug Bounty & VDP Platform.

YesWeHack offers companies an innovative approach to cybersecurity with Bug

Bounty (pay-per-vulnerability discovered), connecting more than 25,000

cybersecurity experts (ethical hackers) across 170 countries with organizations

to secure their exposed scopes and reporting vulnerabilities in their websites,

mobile apps, infrastructure and connected devices.

YesWeHack runs private (invitation based only) programs and public programs for

hundreds of organisations worldwide in compliance with the strictest European

regulations.

In addition to the Bug Bounty platform, YesWeHack also offers: support in

creating a Vulnerability Disclosure Policy (VDP), a learning platform for

ethical hackers called Dojo and a training platform for educational

institutions, YesWeHackEDU. For more information: www.yeswehack.com

SOURCE:  Lazada Group

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   Caption: Southeast Asia eCommerce platform Lazada launches public bug bounty program

with YesWeHack