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Apple to offer cash for reporting security flaws
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The iPhone maker is joining other big tech companies that offer so-called "bug bounties" to people who discover vulnerabilities in their computer code. (Shutterstock.com/Pedja Kujundzic)
A
pple says it will start offering cash rewards of up to $200,000 to hackers who come forward with information about security flaws in the company's software.
The iPhone maker is joining other big tech companies that offer so-called "bug bounties" to people who discover vulnerabilities in their computer code. The goal is to encourage individuals to come forward so the company can fix the problem — and to discourage hackers from exploiting the flaw or selling the information to others.
(Read also: Apple to open app development center in India in early 2017)
Google, Facebook and others have long offered such rewards. To start, Apple says it will offer rewards to a limited number of researchers it has worked with before, but it may expand the program.
Apple announced the program at a computer security conference in Las Vegas.
