Over the years we have heard arguments claiming one is better than the other. What will get you the most bang for your buck though… PenTesting vs Bug Bounty, which one is right for you?
Bug Bounty
When should you choose a bug bounty program over a PenTest? This varies and there are factors to consider such as how important the CIA (confidentiality, integrity, Availability) goals are to your (Web/Mobile) application or network. Is your organization a potential high-value target?
Generally speaking, bug bounties should be utilized once PenTesting reports come back empty.
Penetration Testing
When should you choose PenTesting over a bug bounty program? Every Time! Joking. Joking. Unless budget is not a concern. You should typically go with PenTesting until two different companies give you an empty report for your application.