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Uber’s Ex-Security Chief to Be Sentenced for Security Breach
Uber’s former head of cybersecurity Joseph Sullivan faces several years of prison time for covering up a massive security breach at the ride-hailing company seven years ago. A San Francisco federal court is expected to sentence him Thursday afternoon for the breach and its attempted coverup. Read more…
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Microsoft launches bug bounty program for Xbox
Microsoft today announced the launch of a new bug bounty program, this time revolving around its Xbox products. Like other programs of its kind, the Xbox Bounty program seeks the help of security researchers, gamers, and otherwise technology enthusiasts to discover any security issues with its services, and in turn, those that report issues can get monetary rewards. In the case of the Xbox Bounty program, rewards can go up to $20,000 depending on the severity of the issue and the quality of the submission. The kinds of impact included in the program are remote code execution, elevation of privileges, security feature bypass, information disclosure, spoofing, and tampering, each with its own reward levels. Denial of service attacks are naturally not included in the scope of the program. To qualify for the highest-paying reward, you'll need to discover a vulnerability that allows for remote code execution of critical severity, and provide a high-quality report. Elevation of privilege vulnerabilities can grant up to $8,000. Meanwhile, any issues of moderate and low severity do not qualify for any reward. Bug bounty programs are a common way companies increase the security of their services and products, by requesting external help in detecting issues. Microsoft itself has created a number of programs like this in the past. https://youtu.be/U7VwtOrwceo Source: https://www.neowin.net/news/microsoft-launches-bug-bounty-program-for-xbox Read the full article
This 23-Year-Old Indian Hacker Is Raking in Big Bucks Finding Bugs
This 23-Year-Old Indian Hacker Is Raking in Big Bucks Finding Bugs
Ethical hacking is not any new idea and India has witnessed a strain of these youthful fans previously. What's changed is that the cash which accompanies it as cyber-attacks on businesses throughout businesses has grown multi-fold at the age of electronic transformation. Over the last couple of decades, he's taught his brother that the principles of hacking, aided his dad to retire with serenity and took the household on holiday tours around the world. "Generally, I'm spending about 15 hours each week hacking. But, it changes from time to time, based on your own schedule. A few days, I could be working on something for times continuously, while occasionally, I might not be hacking weeks," explained Vashist. From the Asia-Pacific area, the amount of hacker-powered security programs has increased by 30 percent year on year. Hackers at the US earned 19 percent of bounties this past year, together with India at second place with 10 percent.
This 23-Year-Old Indian Hacker Is Raking in Big Bucks Finding Bugs He began studying more about computers and the moral hacking globe when he was 19. The household was worried initially. "But they came to know what I had been doing overtime, and also understand an ethical hacker is totally legal, and also a workable livelihood. He earned his initial bounty at the age of 20 out of InstaCart, after which MasterCard. "This was an unbelievable feeling, I could not believe I did it! The rush it gave me sleepless for days," explained Vashist. Back in August, HackerOne showed that hackers got $21 million (approximately Rs. 149.42 crores) within only a year coverage vulnerabilities through various insect bounty opportunities as authorities' attempts to repair malware raised a whopping 214 percentage worldwide. OnePlus declared that it had put up a Safety Response Centre that could provide pest control to safety specialists, who detect and report potential dangers into the company's systems. Benefits for qualifying bugs accounts are going to be at the 50 -$7,000 range. "Hacking provides me a top when I am in a position to think of innovative ways to handle the challenges and find vulnerabilities that nobody has yet discovered," explained Vashist. Apple has started a bug bounty program for safety researchers wherein it'll cover between $100,000 to $1 million to discovering insects. In accordance with Vashist, India is about the electronic route but computer security doesn't get nearly enough focus and there are most likely a lot of vulnerabilities in our programs that are left unattended. There are just a few firms in India that have a bug bounty program at this time. "I do expect the adoption rate increases in the next several years," the young reporter stated.
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What is bug bounty program?
A bug bounty program is a deal offered by many websites, organizations and software developers by which individuals can receive recognition and compensation for reporting bugs, especially those pertaining to exploits and vulnerabilities. These programs allow the developers to discover and resolve bugs before the general public is aware of them, preventing incidents of widespread abuse. Bug bounty programs have been implemented by a large number of organizations Mozilla, Facebook, Yahoo!, Google, Reddit, Square, and Microsoft. Companies outside the technology industry, including traditionally conservative organizations like the United States Department of Defense, have started using bug bounty programs. The Pentagon’s use of bug bounty programs is part of a posture shift that has seen several US Government Agencies reverse course from threatening white hat hackers with legal recourse to inviting them to participate as part of a comprehensive vulnerability disclosure framework or policy. Source: wikipedia's https://en.m.wikipedia.org/wiki/Bug_bounty_program Read the full article
#SocialMedia #Facebook’s #BugBountyProgram Pays Out $936K in 2015 https://t.co/99cDDLnkfU
http://www.adweek.com/socialtimes/facebook-bug-bounty-program-2015/634142
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