Latest in Bounty

Image credit:

Yahoo announces security exploit bounty with payments up to $15,000

Zachary Lutz
October 3, 2013
Share
Tweet
Share

Sponsored Links

Earlier this week, Yahoo was accused of using change in its sofa cushions as compensation for reports of security exploits, but now the whole ordeal has generated enough buzz to bring about change for the internet pioneer. As it turns out, these small prizes (along with rewards such as t-shirts) were paid for out of pocket by Ramses Martinez, the director of Yahoo's security team, who took a moment today to explain the company's new -- and far more lucrative -- bounty program. Moving forward, Yahoo will reward security researchers with payments that range between $150 and $15,000 for issues that it deems "new, unique and / or high-risk."

The company is still in the early stages of hammering out a new policy, but promises that payments will be determined "by a clear system based on a set of defined elements that capture the severity of the issue." Yes, these amounts still pale in comparison to the massive sums that Microsoft recently offered, but researchers now have reasonable incentive to inform Yahoo of the exploits, rather than sell them on the black market. According to Martinez, Yahoo's revised policy will be available by the end of the month, and as a nice gesture, its new reward structure will retroactively apply to all bugs submitted from July 1st onward.

Engadget’s parent company, Verizon, now owns Yahoo. Engadget remains editorially independent.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
Hitting the Books: What astronauts can learn from nuclear submariners

Hitting the Books: What astronauts can learn from nuclear submariners

View
Amazon Prime Video will soon have the content, but it needs a better home

Amazon Prime Video will soon have the content, but it needs a better home

View
Facebook used 86 percent renewable energy in 2019

Facebook used 86 percent renewable energy in 2019

View
Wells Fargo wants employees to delete TikTok from company phones

Wells Fargo wants employees to delete TikTok from company phones

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr