Facebook pays you $1M in it's Bug Bounty program

As you know now Facebook is the biggest social networking site in world. Users can create profiles with photos, lists of personal interests, contact information, and other personal information. Users can communicate with friends and other users through private or public messages and a chat feature. These features are great but security is importent for this.

Facebook wants you to know it's taking security seriously - enough for Zuckerberg and Co. to pay out over $1 million in reward within two years for its Bug Bounty program. According to a recent blog post, it's awarded a total of 329 digital bounty hunters at least $500 for discovering and reporting security issues to the social network. The Bug Bounty program launched two years ago in an effort to employ the talent being used in the smart, but underground hacker communities.

India, which has over 78 million Facebook users, is also second on the list of countries with the fastest-growing number of recipients of its Bug Bounty programme. Facebook said it started the Bug Bounty programme a little more than two years ago to reward security researchers who report issues and to encourage people to help keep the site safe and secure.

The community of Facebook’s bug finders are made up of security industry professionals, students, and youngsters. Facebook says they’ve had a 13 year old report a bounty-worthy bug. In the last two years, the largest bounty paid out was $20,000. But once you hit gold, you don’t have to stop. Some researchers have gotten up to $100,000 from the company.