Facebook’s Bug Bounty program paid $1.3 million last year, with Oculus and Moves now included

Feb25

by Sindy Cator on February 25, 2015 at 6:20 pm

Facebook has announced that it paid 321 hackers worldwide last year over $1 million to help spot security flaws in the social network’s software. That brings the total amount of money awarded since the program started in 2011 to over $3 million. Despite the spend in 2014 being lower than in 2013, there was actually an increase of 16 percent in the number of reports submitted to Facebook’s Bug Bounty program. “Every year we are surprised by what we learn from the security community, and 2014 was no exception,” Collin Greene, Facebook’s security engineer, wrote in a blog post on…