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Facebook gives big rewards for bug reports

Find a glitch in the popular social networking site, and be rewarded. With more than 750 million active users, Facebook said that the program would allow individuals to be recognized and it would econcourage others to join, reports The Economic Times. Facebook has already paid out more than $40,000 in three weeks, and one individual has already received more than $7,000 for flagging down six different issues with the site.

"A couple of years ago, we decided to formalise a 'whitehat' programme to encourage these researchers to look for bugs and report them to us ... A few weeks ago, we took that programme to the next level, we started paying rewards to those who report bugs to us," Facebook chief security officer Joe Sullivan said on the official blog.

Read more here.

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