Facebook reveals Bug Bounty numbers, has awarded over $1 million in reward

Facebook wants you to know it's taking security seriously -- enough for Zuckerberg and Co. to pay out over $1 million in reward within two years for its Bug Bounty program. According to a recent blog post, it's awarded a total of 329 digital bounty hunters at least $500 for discovering and reporting security issues to the social network. The participants came from all walks of life across the globe (the youngest being a 13-year-old), and the most resourceful ones have already made more than a hundred grand each. Facebook isn't alone in exchanging big money for bug reports -- Microsoft, for one, is offering up to $100,000 to anyone who discovers security exploits on the preview version of Windows 8.1. Despite Facebook's success, however, over 6 million accounts were still exposed in June... proving that when it comes to security, tech companies can never sit on their hands.

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Source: Facebook