Facebook Paid Out $1.1 Million in Bug Bounties in 2018

guest · Dec 14, 2018

Facebook Paid Out $1.1 Million in Bug Bounties in 2018
December 14, 2018
https://www.securityweek.com/facebook-paid-out-11-million-bug-bounties-2018

The $1.1 million has been awarded to researchers from over 100 countries for more than 700 valid reports – the average reward amount was roughly $1,500. Facebook says it has received approximately 17,800 reports in total.

In comparison, in 2017, the company paid out more than $880,000 for over 400 valid reports out of a total of 12,000 submissions.
Facebook also said it paid out its biggest bounty to date, but it has not disclosed the amount.

"[...] As security work is never finished, we believe that transparency and collaboration are key to staying ahead of adversaries and building trust with security researchers,” said Dan Gurfinkel, Security Engineering Manager at Facebook.
Gurfinkel also revealed that Facebook is teaming up with Google next year for a joint event focused on practical approaches for finding high-quality security holes.
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zapjb · Dec 14, 2018

Does anybody else think that's a puny puny amount?

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Facebook Paid Out $1.1 Million in Bug Bounties in 2018

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