Facebook began offering rewards of dollars 500 or more on July 29 to security researchers who identify vulnerabilities in the social network. "To show our appreciation for our security researchers, we offer a monetary bounty for certain qualifying security bugs," Facebook said in a blog post.
Security researchers who are the "first person to responsibly disclose" a bug that could "compromise the integrity or privacy of Facebook user data" would be eligible for a bounty of dollars 500, Facebook said.
"Our security team will assess each bug to determine if qualifies," Facebook said. The Palo Alto, California-based social networking titan said a typical bounty was dollars 500 but it "may increase the reward for specific bugs."