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EU offers bounties to help find security flaws in open source tools
The European Union believes it has a simple way to bolster its digital security: offer lots of cold, hard cash. The European Commission is launching bug bounties in January that will offer prizes in return for spotting security flaws in 14 free, open source software tools EU institutions use. These include well-known tools like VLC Media Player, KeePass, 7-zip and Drupal as well as something as vital as the GNU C Library.
Password app developer overlooks security hole to preserve ads
Think it's bad when companies take their time fixing security vulnerabilities? Imagine what happens when they avoid fixing those holes in the name of a little cash. KeePass 2 developer Dominik Reichl has declined to patch a flaw in the password manager's update check as the "indirect costs" of the upgrade (which would encrypt web traffic) are too high -- namely, it'd lose ad revenue. Yes, the implication is that profit is more important than protecting users.