Update SECURITY.md

Signed-off-by: Joel Drapper <joel@drapper.me>
scantist-ossops-m2 · Apr 21, 2024 · 5f9fbb5 · 5f9fbb5
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 # Security
 
-If you find a possible security vulnerability, please [send us a private advisory](https://github.com/phlex-ruby/phlex/security/advisories/new). 
+If you suspect you may have found a security vulnerability, please do not open a public issue or pull request. Instead, please [send us a private advisory](https://github.com/phlex-ruby/phlex/security/advisories/new).
 
-> [!WARNING]
-> Please do not open a public Issue or Pull Request.
-
-## Bug bounty
-
-There is currently a bounty of $100 USD, kindly sponsored by [Seth Horsley](https://twitter.com/SethHorsley), for the next serious vulnerability responsibly disclosed to us.
-
-## Bug bounty pot
-
-If you wish to sponsor a bug bounty for Phlex, please get in touch with Joel at [joel@drapper.me](mailto:joel@drapper.me).
+You should hear from us within a week, though we aim to release patches as quickly as possible. The last two security patches were released within a few hours of being reported privately to us.