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Abstract
Cybersecurity threats and vulnerabilities continue to grow in number and
complexity, presenting an increasing challenge for organizations worldwide.
Organizations use threat modelling and bug bounty programs to address these
threats, which often operate independently. In this paper, we propose a
Metric-Based Feedback Methodology (MBFM) that integrates bug bounty programs
with threat modelling to improve the overall security posture of an
organization. By analyzing and categorizing vulnerability data, the methodology
enables identifying root causes and refining threat models to prioritize
security efforts more effectively. The paper outlines the proposed methodology
and its assumptions and provides a foundation for future research to develop
the methodology into a versatile framework. Further research should focus on
automating the process, integrating additional security testing approaches, and
leveraging machine learning algorithms for vulnerability prediction and
team-specific recommendations.