(The Hosting News) – Top tech providers Google, Microsoft, and Facebook have formed a partnership to offer financial rewards to users who can find security holes within their software.
Via its website, the program HackerOne states that they reward “friendly hackers who contribute to a more secure internet.” A bounty of $300 to $5000 is given to users who discover and report security flaws. The program’s priority is to keep the internet a safe place for users.
Eligibility for the competition is extended to anyone except those in Cuba, Iran, North Korea, Sudan, and Syria. The amount of the reward is determined by a panel of employees from the companies participating in the initiative. The more important the panel deems the security issue, the larger the reward.
Microsoft is rewarding a separate bounty of up to $100,000 to anyone who can identify hackers who are causing issues with Microsoft products, according to a BBC report.
The tech giant recently disclosed a security vulnerability used by hackers to infiltrate systems through the use of .TIFF images.