In recent years, hacking has become a profession for many people, but do u know How Hackers Make Money Legally? While some hackers do engage in illegal activities, such as stealing data or causing damage to computer systems, many hackers make money legally. With the right skills and knowledge, hackers can use their talents to earn a good living without breaking the law.
Skills are the tools of a hacker. Hacking itself is an art that can be perceived by the relevant society from different perspectives. That is a reason why there is no definite path to experience. Everybody can find a path that matches their capabilities. Sometimes the easiest way to earn money just requires being sure about yourself as a proficient hacker.
Ways to Make Money Legally as Hacker
Cybersecurity specialists are the wizards who are capable of hacking the mainframe. At least that’s what they are told by the media. If you weren’t so sure if pen-testing is a path you want to take, this article will help explain how hackers can make money—legally.
Participating in Bug Bounties
The hacker community has been growing in size and scope for years. Nowadays, it’s possible to make a living by participating in bug bounty programs.
Bug bounty programs are a great way for hackers to earn money. This is because it allows them to find vulnerabilities and flaws in software, hardware, or websites that companies are developing. In exchange for their findings, hackers can receive rewards from anywhere between $100 – $10,000.
Bug bounty programs have been around since the 1990s. They were created by Netscape as a way of finding security flaws before releasing their software to the public.
Bug Bounty Programs are initiated by companies who want to find vulnerabilities in their software and fix them before they get exploited.
If you have the skills, then you can join these programs and try to find bugs in their products. Once you find an exploitable bug, you can report it to the company and they will reward you with money.
Providing Freelance Penetration Testing Services
The truth is that hacking is not a job in the traditional sense. It’s more like a service. If you know how to hack, you can use your skills to provide penetration testing services for companies and make money doing so.
Penetration testers, or hackers, are skilled experts hired to test the security of an organization’s networks and systems.
You can find jobs in this field by looking for IT companies that offer penetration testing services. Hacking is a lucrative career option that has the potential to make you a lot of money.
Penetration testing is an essential part of hacking, and it can be conducted on any system or network. It is a process of identifying and exploiting vulnerabilities in systems or networks to assess risks associated with the possibility of an attack.
There are many ways to make money as a hacker, but penetration testing services are one of the most popular. Hacking skills can be used for both good and bad purposes, but there are plenty of ethical hackers out there who use their skills for good.
Make Money By Educating Others
The internet is a scary place. There are hackers out there who have malicious intent, and they will stop at nothing to get what they want. They will use their skills to steal your information, or they will use them to make you think that you are giving them the information willingly.
This can be frustrating, but it doesn’t need to be your problem. You can take back control of your data by becoming a hacker yourself and educating others about how to protect themselves from cybercriminals.
There are many ways that you can earn money as a hacker by educating others about cybersecurity threats and how to avoid them. One way is by teaching classes on cybersecurity in educational institutions like universities or community colleges.
You can teach in person or online. If you choose the in-person option, you can offer paid classes in your local area or give free workshops at libraries, community centers, and schools. If you choose the online option, you can create an online course on platforms like Udemy or Skillshare and share your knowledge with students from all over the world.
You could offer your services through freelance websites like Upwork or Freelancer and find clients who are looking for someone with your specific skill set. You could also create YouTube videos about hacking techniques, write articles on cybersecurity topics for blogs or news sites, or even start your blog and monetize it with different options.
Get a job as Penetration Tester
As a penetration tester, you are likely to make money by exploiting the vulnerabilities of companies’ computers as part of your job. As a full-time employee, your primary responsibility would be to test the security of several different areas within the company, which is a full-time job.
This is probably the easiest way to make money and is a good place to start if you want to make some money. It will give you a chance to work with experienced professionals and learn more about how the industry works as a result of working with others.
Start Providing Consultancy Services
Hackers have the power to do a lot of damage. This is why they need to use their skills for good and not for evil. One of the ways hackers can do so is by providing consultancy services to companies that need help with cybersecurity and cybercriminals.
A hacker could also provide security consulting services to companies that are looking for help with securing their data and infrastructure from cyber-attacks. They could also offer a service like penetration testing or vulnerability assessment which helps identify weaknesses in a company’s security system before an attack happens.
Make Money by Writing Books
In addition to being hackers, some of them are also good writers. You also might have heard of some popular books on hacking. If you have proper knowledge you can also write your book and sell them to publishers.
Earn Cash Rewards by Participating in Hacking Events
Over $1 million in prizes were awarded at the Pwn2Own conference, held every year at CanSecWest in Vancouver, British Columbia, Canada. Ethical Hackers come together to attempt to compromise the security of unreleased technology.
Hackers may target devices like iPads, iPhones, or even unlocked cars like Teslas to shape public opinion. They would also try to obtain or publish information on unreleased desktop versions of software, such as Microsoft Word or even a car like Tesla.
Pwn2Own is the largest hacker contest, where hackers enter competitions that offer cash prizes for finding vulnerabilities in software, including web browsers, enterprise applications, and servers.
The event is covered by the press, contributing to it becoming a great place for people to make a name for themselves as well as meet other hackers in the community.
Make Money by Doing Research
Hacking has great potential if you like to push everything to the limit and be at the forefront of the field. Because discovering something completely new doesn’t seem to be rewarding right away.
For example, we can report the flaws we find to the company, but if the company doesn’t respond and doesn’t see the threat, there’s not much we can do.
However, after the issue is fixed, you can start making or making a video about what you found and how you did it, provided you omit details that may not tell you where you’re going.
Many hackers are always interested in learning new things. You can make money if your blog or YouTube channel becomes popular. You can gradually expand these social media channels and make discoveries.
Starting your own Cybersecurity Business
Many hackers no longer hack computers full-time. Many of them leverage their expertise to open security firms focused on testing the company’s security.
This method has the potential to generate the greatest profit but requires the most experience/expertise. In some cases, people are transitioning from cybercrime-related criminal charges to starting their businesses, an example being convicted in 1995 and serving his five-year sentence for various computer and communications crimes.
The person was Kevin Mitnick. He currently leads Mitnick Security Consulting LLC. He is also the Chief Hacking Officer and Co-Owner of a company called KnowBe4 and a member of Zimperium’s Advisory Board.
If you are comfortable with the Hindi language then you can watch my video on How Hackers Make Money Legally…
How much you can earn money as Hacker
Ethical hacking-related roles such as Penetration testers, Computer Security, Web Security, Cryptography, etc. will easily lead companies to pay INR 5-9 LPA. Therefore, the monthly salary for an ethical hacker in India is around INR 5 LPA.
However, the top salary for ethical hackers in India can also rise to 30 INR LPA. Factors such as the monthly salary of an ethical hacker in India can vary slightly depending on factors such as experience and skills, so be sure to beef up your resume.
So, if you want to become a hacker and you’ve searched for how to make money as a hacker then I think now you’ve got your answer. The opportunities are endless for you all you need to take your first step. Hacking is not limited to 9 to 5 jobs there are much more things you can do to get some extra perks in your pocket.
That’s it for this article, I’ll see you in the next amazing article. Thanks for being here and spending your time reading this blog post. If you have any questions or suggestions comment down below.
Also Read: How to Become a Bug Bounty Hunter?