A recent report by Bugcrowd reveals an alarming 88% increase in hardware vulnerabilities due to the rapid proliferation of Internet of Things (IoT) devices, with 81% of security researchers encountering new vulnerabilities in the past year. The report emphasizes the growing complexity of the security landscape, where attackers exploit foundational layers like hardware and APIs. As organizations rush to deploy features quickly, the average payouts for critical vulnerabilities have surged, signaling a shift in threat dynamics. This underscores a broader industry challenge; as new attack vectors emerge, collaboration among cybersecurity professionals becomes essential to effectively counter evolving threats and enhance defenses against a continuously expanding attack surface.