11th October 2021, Kathmandu
Bugv is a bug bounty and vulnerability coordination website. It connects companies with penetration testers and cybersecurity experts. Whereas, CSRI aims to provide industry-driven cybersecurity analytical conclusions that have a real-world impact. CSRI aims to raise problem awareness through business analysis while promoting sound cybersecurity practices.
Recently, Bugv and the Center For Cyber Security Research and Innovation (CSRI) have developed a Memorandum of Understanding (MoU). The main purpose of this MoU is to create key areas of cooperation that will enable the creation of long-term commercial possibilities. This is to focus on the potential sectors of Information Technology services. Where both parties will share confidential technical and business information.
According to the statement provided by the officials, both parties will have to perform the obligations assigned. Where Bugv will provide possible free platform services also endorse online and offline events for CSRI. Similarly, CSRI will be promoting Bugv’s platform and refer them to their state holders.
In addition, each party has the right to promote the other as a partner on a variety of social media platforms. For instance, brochures, booklets, and publications, Facebook, Twitter, Instagram, and other social media platforms.
The official document of MoU is signed by the CEO/Founder of Bugv Software Technologies Pvt. Ltd. Mr. Naresh Lamgade following by the president of Center For Cyber Security Research and Innovation(CSRI) Dr. Subarna Shakya.