Saturday, April 5, 2014

Unearthing Facebook holes, Mark Zuckerberg company to pay hackers



Biggest holes that could be exploited by hackers to get an entry into the social networking plan to snoop or steal user information has been revealed.

Under the Facebook (FB) Bug Bounty program, that is aimed to evaluate FB services and report bugs, hackes around the world are reporting bugs to safeguard the social networking platform. In the year 2013 it received 14,763 submissions of which 687 were valid and were eligible for rewards says the Mark Zuckerberg company.

For the year 2014 the company is looking at encouraging the best research in the most valuable areas, and is going to continue increasing the reward amounts for high priority issues. “The volume of high-severity issues is down, and we're hearing from researchers that it's tougher to find good bugs,” says Collin Greene is a Security Engineer at Facebook.
Last year program saw India as the biggest contributor of bugs. Indian hackers contributed the largest number of valid bugs at 136, with an average reward of $1,353. USA reported 92 issues and averaged $2,272 in rewards; Russia received an average of $3,961 for 38 bugs, Brazil and the UK were third and fourth by volume, with 53 bugs and 40 bugs, respectively, and average rewards of $3,792 and $2,950.

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