Google, Facebook and Microsoft Join Hands to Offer Cash to Secure Internet

Nov 7 2013, 7:38am CST | by , in News | Technology News

Google, Facebook and Microsoft Join Hands to Offer Cash to Secure Internet

The three may be fiercely competitive in real life but they have combined forces for a common purpose. Google, Facebook and Microsoft have joined hands in order to combat hackers by offering bounties or cash rewards for bug tracers via an internet bug bounty hunting project called HackerOne.

Hackers are the sharks, piranhas and barracudas in the ocean of information that is the Internet. In order to check their rapid spread, three key agencies are teaming up. Facebook, Google and Microsoft are otherwise sworn enemies of each other in economic matters. But when it comes to a mutual irritant such as hackers, they have all decided to bury the hatchet. Such nefarious elements need to be battled with in tandem. That is why the trio has started HackerOne. This is a internet bug bounty hunting project. All flaws in the system will be erased via people pointing out any armor chinks. This way the defense of the Internet will be made a permanent feature. 

"The program is sponsored by Facebook Inc and Microsoft Corp with assistance from a Google Inc security expert, who helped develop the program and will sit on the panel that will evaluate submissions," according to Reuters.

The bounty rewards have been set for reminding the authorities of cracks in the immune system of the Net. They range from $300 to $5000. Higher rewards can be paid at the discretion of a review panel. As a panel of experts from Facebook, Microsoft and Google will evaluate all submissions for the Internet Bug Bounty along with the assistance of the security consulting firm iSEC Partners and Etsy. To weed out those bugs that cripple those who employ netiquette is the goal of this endeavor. 

Finally, the big three have realized that instead of infighting they ought to concentrate on the real threat. And that is none other than hackers that compromise the system of cyberspace. Microsoft has even gathered up to $100,000 for it own personal bug-fighting, anti-hacking program. The hackers now have nowhere to hide from the cyber crime police. 

Get full details about HackerOne here.

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