Logethica

Level 12
Exploit broker steals Apple thunder, offers $500,000 for iOS zero days:
SOURCE: zdnet.com (ARTICLE DATE: 11th Aug 2016)

It was only last week that Apple finally launched a bug bounty program, but it did not take long for exploit peddlers to outbid the tech giant...




Apple is offering security researchers up to $200,000 if they privately disclose serious, critical holes in software rather than take such vulnerabilities and exploits elsewhere. However, Exodus Intelligence upped the game on Tuesday by raising Apple's bid, luring researchers with rewards of up to half a million for valid Apple software bugs.

The exploit trader has launched a "hit list" of the hottest, most wanted exploits for software including Apple iOS, Google Chrome, Microsoft Edge and Adobe Flash. The company will pay $500,000 for the most dangerous bugs in Apple iOS 9.3 and above -- and researchers can choose to take a lump sum or smaller payments which continue to roll in as long as the exploit is still alive.

"Exodus is excited to be engaging the global research community in our mission to provide the highest quality of vulnerability intelligence in the industry," Logan Brown, president of Exodus Intelligence said.

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