WabiSabiLabi on Deck at Blue Hat

CHIASSO, Switzerland -- The next Microsoft bi-annual Blue Hat conference will take place this month to combat security issues and bridge the gap between the research community and the corporate world. The conference will include a presentation from Roberto Preatoni, Strategic Director for WabiSabiLabi (WSLabi) about the emerging vulnerabilities in the security market and the changing business model for security researchers.

WSLabi is the new online auction space for buyers and sellers of software vulnerabilities to enable them to conduct deals in a confidential manner. In the last two months, since they have established themselves, they have already had a thousand registered users on their website showing a very hot market for researchers wishing to sell their intellectual property to a very keen market wanting to buy the vulnerabilities.

Blue Hat is an internal Microsoft event, where Microsoft employees and executives discuss the latest issues with top security researchers from across the world, and use the knowledge they gain to improve the security of Microsoft products.

Roberto Preatoni, WSLabi’s Strategic Director says “We are very pleased to see that Microsoft is actively looking to establish relationships with the security research community, not only through their own events but by attending all the relevant conferences around the world. Microsoft is the most proactive software vendor which we have seen researching security issues over the last 3 years and with a dedicated team of people who are making alliances with the key researchers. It is a real pleasure to receive an invitation from Microsoft to enable us to share our knowledge of the vulnerabilities marketplace at their prestigious Blue Hat Conference. Our involvement demonstrates how important WSLabi is becoming to the security industry”

WabiSabiLabi Ltd.