Facebook announced that it paid Rs 4.84 crores to security researchers in India as part of its ‘Bug Bounty’ programme. India now occupies the top position in terms of the highest number of researchers contributing to the programme.
The social networking site offers cash rewards to researchers who find security bugs and vulnerabilities in Facebook’s services and India currently holds the top spot with the maximum number of researchers getting the maximum payout.
Since the time the programme was initiated in 2011, the company has received 2,400 valid submissions and has rewarded over $4.3 million to more than 800 researchers globally. Facebook received a total of 13,233 submissions from 5,543 researchers in 127 countries and paid $936,000 to 210 researchers who submitted a total of 526 valid reports.
Adam Ruddermann, a technical programme manager on the Facebook Bug Bounty team, said in a post on his blog that the social network takes into account the impact of the bug before calculating the reward amount.
“Facebook receives more and more high-impact bugs (related reports) from India each year, reflecting the growing sophistication and technical capabilities of the country’s engineering schools and cybersecurity programmes,” he said in the post on the blog.
