"Access: Application and invites. We will extend invitations to a vetted list of trusted bio red-teamers, and review new applications. Once selected, successful applicants will be onboarded to the bio bug bounty platform"

I don't get it. Isn't the whole point of a BBP to try to get people to find and disclose to you the exploits in question? If you gatekeep like this, then "non-trusted" people who could be your red-teamers are incentivized to still hack, but disclose their exploits to bad people for money.

I get it when there is a risk to your data or infra -- my last company engaged with HackerOne and that was an invite-only list of participants. But that was because we didn't want random people hacking in ways that could cause pain for real customers -- e.g. DDOS, or in the event of an exploit that could cross tenant boundaries, injecting garbage into or deleting things, or gaining access to sensitive info in other tenants.

Here, there's no such danger. So why not allow anyone (anyone they're legally allowed to pay, I suppose? North Koreans probably would be problematic?) to participate?