diff --git a/SECURITY.md b/SECURITY.md
index c593e1e528..3cb375730a 100644
--- a/SECURITY.md
+++ b/SECURITY.md
@@ -2,9 +2,13 @@
 
 SigNoz is looking forward to working with security researchers across the world to keep SigNoz and our users safe. If you have found an issue in our systems/applications, please reach out to us.
 
+## Supported Versions
+We always recommend using the latest version of SigNoz to ensure you get all security updates
+
 ## Reporting a Vulnerability
 
-If you believe you have found a vulnerability, feel free to reach out to security@signoz.io. You should hear back from us in 3 working days.
+If you believe you have found a vulnerability, feel free to reach out to <security@signoz.io> 
+We currently do not operate a bug bounty program, but we will generously reward you with merch for any actionable security vulnerabilities found.
 
 ## Thanks