Bugcrowd acquires Mayhem Security to enhance AI-Powered security testing

Bugcrowd Inc. has acquired Mayhem Security, an AI offensive security company, to enhance the development of AI-driven security testing, as reported by Silicon Angle. Mayhem Security, established in 2012, specializes in automating the discovery and remediation of software vulnerabilities using AI and autonomous execution. The platform utilizes techniques like symbolic execution and fuzzing to simulate attacker behavior across code, applications, and runtime environments. The company's focus on continuous testing and integration into development cycles serves enterprise customers in sectors such as aerospace, automotive, and federal agencies. The acquisition demonstrates Bugcrowd's strategy to integrate its global hacker community with Mayhem's AI technology to bolster software security. This move aims to offer organizations automated, proactive protection during development, reducing vulnerabilities and enhancing defense mechanisms. By merging human expertise with AI capabilities, Bugcrowd aims to establish a more adaptive security platform, providing customers the ability to anticipate, test, and defend against threats at a larger scale. Source: Silicon Angle