Facebook Has Paid Out Over $1 Million For Bug Bounty Program

Posted Aug 3, 2013

Earlier this week, Facebook announced that they paid out over $1 million to 329 security researchers for their bug bounty program.  This program started around two years ago.  These researchers are working across 51 different countries and only 20% of the bounties were paid to people in the U.S.

The top five countries are:

1.) U.S.

2.) India

3.) U.K.

4.) Turkey

5.) Germany


The top 10 countries with the fastest growing number of recipients are:

1.) U.S.

2.) India

3.) Turkey

4.) Israel

5.) Canada

6.) Germany

7.) Pakistan

8.) Egypt

9.) Brazil

10.) Sweden

Facebook said that the bug bounty program was more successful than they anticipated.  Facebook even hired two recipients for full-time jobs on their security team.

?This early progress is really encouraging, in no small part because programs like these can have a significant impact on our ability to keep Facebook secure,? stated Facebook security engineer Collin Greene. ?After all, no matter how much we invest in security ? and we invest a lot ? we?ll never have all the world?s smartest people on our team and we?ll never be able to think of all the different ways a system as complex as ours might be vulnerable. Our Bug Bounty program allows us to harness the talent and perspective of people from all kinds of backgrounds, from all around the world.?