Facebook to Pay Hackers for Bugs

Facebook is offering a bounty to users who discover bugs on its site. For security related bugs - cross site scripting flaws, for example - the company will pay a base rate of $500. If they turn out to be significant flaws, Facebook will pay more, though company executives won't say how much.

"In the past we've focused on name recognition by putting their name up on our page, sending schwag out and using this an avenue for interviews and the recruiting process," said Alex Rice, Facebook's product security lead. "We're extending that now to start paying out monetary rewards."

"If you give us a reasonable time to respond to your report before making any information public and make a good faith effort to avoid privacy violations, destruction of data and interruption or degradation of our service during your research, we will not bring any lawsuit against you or ask law enforcement to investigate you."

Facebook will reportedly launch a new Whitehat hacking portal where researchers can sign up for the program and report bugs.

Read more -here-

• Dropbox breach exposes customer credentials, authentication data
• Google: Passkey authentications top 1 billion across 400 million accounts
• FTC fines Razer for misrepresenting COVID masks as N95s
• FCC fines Verizon, AT&T other major carriers nearly $200 million for sharing customer data
• Federal regulators accuse Amazon executives of deleting messages
• FCC restores net neutrality rules