14 Feb Google Paid Hackers $3M For Finding Security Flaws Last Year
It’s not easy to keep complex software free of security bugs. That’s why a number of companies have set up bug bounty programs to reward independent hackers for helping out. Google’s one of those companies, and last year they paid more than $3 million in total bounties.
The highest payout for a single vulnerability report: a cool $100,000. That’s nearly triple the highest single payout last year. The total amount of bounties paid was up sharply, too, from around $2 million in 2015.
It’s a lot more possible today than it was even just a few years ago. Google increased their minimum payouts last year with some rising a full 50%. That’s good news for white hat hackers, but it’s good news for you and me, too. The more enticing Google makes it for hackers to report bugs to them, the less likely it is that those same bugs will wind up getting sold on some shady Dark Web marketplace — or used in a new strain of malware before Google can protect us from it.