We have extraordinary news for all bug bounty seekers. Facebook to pay up to $40,000 for discovering approaches to hack Facebook or Instagram accounts. Facebook has run its Bug Bounty program since 2011.
Facebook pays a large number of dollars to specialists and bug seekers to discover security holes, it is as yet confronting security breaches. Facebook is experiencing an unpleasant time this year subsequent to endure two extreme security breaches that influenced a large number of its clients.
“By increasing the award for account takeover vulnerabilities and decreasing the technical overhead necessary to be eligible for bug bounty, we hope to encourage an even larger number of high-quality submissions from our existing and new white hat researchers to help us secure over 2 billion users,” said Facebook.
Facebook has expanded payouts and offers specialists to search for vulnerabilities in a wide assortment of products possessed by Facebook including Instagram, WhatsApp, and Oculus.
The bug bounty cost has been isolated into two sections i.e. $25,000 to the programmer for revealing vulnerability requiring least client connection and $40,000 for vulnerability including no client communication.
“The researchers who find vulnerabilities that can lead to a full account takeover, including access tokens leakage or the ability to access users’ valid sessions, will be rewarded an average bounty of $40,000 if user interaction is not required at all or $25,000 if minimum user interaction is required. This change applies to all products owned by Facebook, including Instagram, WhatsApp, and Oculus.” Facebook Further added.
The declaration comes in light of an ongoing gigantic data breach in Facebook that enabled attackers to gather individual data of around 30 million Facebook clients utilizing stolen get to tokens by abusing a zero-day vulnerability in its View As highlight.
“While monetary reward may not be the strongest incentive for why bug bounty researchers hack, we believe it remains a strong motivator for our white hat researchers to invest time in helping us identify and mitigate vulnerabilities. We encourage researchers to share their proof of concept reports with us without having to also discover bypasses for Facebook defense mechanisms.” added Facebook in their Bug Bounty announcement.
As of late Facebook has paid out a great many dollars to hackers under its bug bounty program for revealing defects in its administrations and helping the organization fix them.