There are a lot of people who do this type of work for status rather than money. The bug bounty programs are a way for otherwise would-be hackers to gain recogn

There are a lot of people who do this type of work for status rather than money. The bug bounty programs are a way for otherwise would-be hackers to gain recognition, and a small chunk of change for stuff they would be doing anyway, which would likely net them less money and more legal trouble.