It is no secret that the internet is unsafe but thanks to Google who spent Millions of dollars to Hacker to help keep the internet safe which is a very usual thing.
Due to the insecurity of the internet, Paypal recently paid out $12,300 to one, Tesla is offering $500,000 (£380,000) to any that can hack a Tesla Model 3. Also, Apple ready to provide the sum of $1.5 million to iPhone hackers. In other not to be left out, Google added a 50% reward bonus to the $1 million on offer to hackers that would be able to compromise the Titan M secure element on its Pixel devices, tieing with Apple’s bounty.
Why is everyone pays hackers, and why it is a good thing.
Definitely, these are Ethical and legal hackers, not cyber-criminals that are getting rewarded by all these big Technology Companies. These are hacker that detects security issues so as to fix them before they can be exploited. I am referring to bug bounty hunters like the six hacking millionaires using the HackerOne hacking platform. Or, in the case of Google, the Vulnerability Reward Programs (VRPs) that were launched in 2010.
What are Google’s Vulnerability Reward Programs?.
The Google VRPs entitles a lot of production areas and have been expanding continuously in the term of both accessibility and reward since 2010 when it was launched.
For example, just as Chrome and Android, there is an Abuse program that covers what Google describes as “significant abuse-related methodologies.”
How a hacker can manipulate rating Scores for a Google map listing without alerting the Abuse detection system is also an example of what I am talking about.
The maximum baseline Chrome VRP reward has tripled to $15,000 (£11,500) but the really big money is to be found within the Android Security VRP.
According to a Google security blog post, the VRP in the year 2019, $1 million in the top prize for a “full chain remote code execution exploit with persistence which compromises the Titan M secure element on Pixel devices”. Do that on specific Android developer preview versions, and Google will now increase the reward by 50% to $1.5 million (£1.1 million) it has confirmed.
Google’s Vulnerability Reward Program 2019 payouts
Google VRP program has genuinely been mind-blowing over the years. Since it was launched in 2010 Google has now paid out more than $21 million rewards to hackers
In the year 2019 alone Google paid the sum of $6.5 million was paid to hackers with is twice as much as has ever been rewarded in a single year before. Generous hackers donated the sum total of $500,000 cash to Charity which is a record total and fiver times as much as in any year before.
$201,000 (£154,000) was the single highest reward paid to a total of 461 hackers by Google across the year.
Interesting – Google Translate to offer real-time transcription soon