docs: update SECURITY.md (#22)

Signed-off-by: Simon Leet <simon.leet@microsoft.com>
Co-authored-by: Sertaç Özercan <852750+sozercan@users.noreply.github.com>

SECURITY.md

@@ -1,20 +1,22 @@
-<!-- BEGIN MICROSOFT SECURITY.MD V0.0.8 BLOCK -->
+# Security Policy
 
-# Security
+## Supported Versions
 
-Microsoft takes the security of our software products and services seriously, which includes all source code repositories managed through our GitHub organizations, which include [Microsoft](https://github.com/microsoft), [Azure](https://github.com/Azure), [DotNet](https://github.com/dotnet), [AspNet](https://github.com/aspnet), [Xamarin](https://github.com/xamarin), and [our GitHub organizations](https://opensource.microsoft.com/).
+Copacetic remains in the process of getting to a stable v1.0 release, and as such does not currently provide a long-term supported version.
+We make a good faith effort to respond to security issues in a timely manner and will release version updates as needed to address them.
+Users should expect to upgrade to the latest release version to stay current on security updates.
 
-If you believe you have found a security vulnerability in any Microsoft-owned repository that meets [Microsoft's definition of a security vulnerability](https://aka.ms/opensource/security/definition), please report it to us as described below.
+## Communication
 
-## Reporting Security Issues
+We will publish known vulnerabilities through a [GitHub Security Advisory](https://github.com/project-copacetic/copacetic/security/advisories) once they have been addressed to inform the community of their potential scope, impact, and mitigation.
 
-**Please do not report security vulnerabilities through public GitHub issues.**
+## Reporting Security Issues
 
-Instead, please report them to the Microsoft Security Response Center (MSRC) at [https://msrc.microsoft.com/create-report](https://aka.ms/opensource/security/create-report).
+Project Copacetic and its maintainers takes the security of the project seriously, and we appreciate your efforts to responsibly disclose your findings to us.
 
-If you prefer to submit without logging in, send email to [secure@microsoft.com](mailto:secure@microsoft.com).  If possible, encrypt your message with our PGP key; please download it from the [Microsoft Security Response Center PGP Key page](https://aka.ms/opensource/security/pgpkey).
+> **Please do not report security vulnerabilities through public GitHub issues.**
 
-You should receive a response within 24 hours. If for some reason you do not, please follow up via email to ensure we received your original message. Additional information can be found at [microsoft.com/msrc](https://aka.ms/opensource/security/msrc).
+Instead, please report them through our [private vulnerability reporting](https://github.com/project-copacetic/copacetic/security/advisories/new) form.
 
 Please include the requested information listed below (as much as you can provide) to help us better understand the nature and scope of the possible issue:
 
@@ -28,14 +30,8 @@ Please include the requested information listed below (as much as you can provid
 
 This information will help us triage your report more quickly.
 
-If you are reporting for a bug bounty, more complete reports can contribute to a higher bounty award. Please visit our [Microsoft Bug Bounty Program](https://aka.ms/opensource/security/bounty) page for more details about our active programs.
+We believe in [Coordinated Vulnerability Disclosure (CVD)](https://en.wikipedia.org/wiki/Coordinated_vulnerability_disclosure) and will work with you through the private advisory report.
 
 ## Preferred Languages
 
 We prefer all communications to be in English.
-
-## Policy
-
-Microsoft follows the principle of [Coordinated Vulnerability Disclosure](https://aka.ms/opensource/security/cvd).
-
-<!-- END MICROSOFT SECURITY.MD BLOCK -->