Giant companies now have bug bounty programs in which researchers were rewarded for disclosing existing flaws in the system.

Recently, Googles 2016 year inreview reportsputs the spotlight on the bug bounty programs.

Google has released the previous year results which show that hackers were rewarded $3 million throughout 2016.

IMAGE SOURCE: GOOGLEBLOG

Google paid $2 million for the bug bounty program in the year 2015.

Google had increased the minimum payout in 2016, in some areas even by a 50%.

Thats why $3 Million represent a pretty significant hike.

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You will be shocked to know that the highest payout for a single vulnerability report was $100,000.

We also expanded our overall VRP to include more products, including OnHub and Nest devices.

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