Apple is willing to pay up to $200k if you are able to identify vulnerabilities in its software in a new bug bounty program. The announcement was made at Black Hat security conference today.
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The program scheduled to start from September is not open for all and participants will be able to take part by invite only. This invite only strategy is unusual for such programs but such caution by Apple is not unexpected, although the company plans on having a wider participation pool in the future.
The bounties are distributed according to the following criteria. You get $200K for finding vulnerabilities with boot firmware components while finding issues with biometric data will earn you $100k.
If you are able to find issues in executing code with kernel privilege or able to gain unauthorized access to iCloud data you will get $50000 while $25000 will be given to you if you are able to garner access to data external to a sandboxed process.
It seems as if the San Bernardino case is what has propelled Apple to come up with this program as the company has to face a lot of criticism at how it deals with the security for its various platforms.
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Better late than never though as Apple’s competitors have had such a program in place for quite some while. Anyways this has the jailbreak community concerned about their future but it’s too soon to address these issues yet.