With the launch of the bug bounty programs under which hackers and researcher get rewards for their research and bug finding. Additionally, they get the acknowledge their name on the hall-of-fame page of the companies site. Currently there are more than 100 companies who are running bug bounty programs and they itself get benefit via bounty programs.
With the bounty programs, Facebook had been benefitted a lot. In response to this Facebook share some of the highlights from the past year, which follows-
- Submissions increased by 16% to 17,011. We are happy to see that the program is continuing to produce high-quality reports — 61 of last year's eligible bugs were categorized as high severity, 49% more than the previous year.
- We've paid out more than $3 million since we got started in 2011, and in 2014, we paid $1.3 million to 321 researchers across the globe. The average reward in 2014 was $1,788.
- 65 countries received rewards this year, representing a 12% increase from 2013. We now have 123 countries reporting bugs.