Apple to pay up to $1 million for finding critical security flaws in its devices

[TheGreyApe]

During this year's Black Hat security conference in Las Vegas, Apple announced that it will give up to $1 million to anyone who finds a critical security flaw in its software. That's the highest bounty a company has ever offered.

Of course, the $1 million bounty only applies to a specific case in which the attacker has to access the iPhone kernel without the need of any action from the user. The highest bounty Apple has offered before that Apple was offering $200,000 for friendly reports of bugs.

-OUTDATED MODEL- JUST FOR CONTEXT/REFERENCE

All security researchers are welcome to submit their reports and Apple also wants to make things easier for them by supplying modified iPhones with some security measures disabled.

[EmilieT]

That's really interesting @TheGreyApe, I had not heard of this! Is this something tech companies do often do you reckon?

[TheGreyApe]

It would be something more for high end tech companies, the little guys don't really do something especially with a bounty this high. But Apple, Google and even Facebook do occasionally run challenges like this, Usually ending up in a job role with the firm along with the bountry for cracking the system