Bug bounties play a huge role in finding out security threats that make vendor applications more stable and at the same time researchers get monetary benefits, so we can say it's a win-win situation for everyone. Google has also realized the importance and thus increased the payment of bug bounty program. According to Google, the company has stretched the maximum payment limit to $15000 for finding a bug that means it is almost triple the payment which was earlier $500-to-$5,000 per bug. Google claims that over 700 security flaws have already been fixed through bug bounty programs. Company has also amend its submission policy in order to ease out submit process for cyber security researchers. This will give researcher an option to submit the vulnerability in the first step and provide the exploit later on. <more>
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