Facebook has announced an expansion to their pay for vulnerability program in which they pay "white hat" hackers who discover vulnerabilities and report them to the company, according to
Bloomberg News. Google has a similar program and has already paid more than $1 million to hackers. From the article:
“If there’s a million-dollar bug, we will pay it out,” said Ryan McGeehan, who manages Facebook’s security-incident response unit.
Facebook is becoming the first big technology provider to reward hackers who uncover vulnerabilities on its own corporate network -- a risky proposition considering that’s where the company stores data on its more than 900 million users. Facebook, based in Menlo Park,California, plans to announce the broadened program this week at the DefCon Hacking Conference in Las Vegas.
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