Feeds

Yahoo! Finds! Cash! Behind! Sofa! For! Proper! Bug! Bounties!

Sorry 'bout that $12.50 prize, does $15k sound better?

Using blade systems to cut costs and sharpen efficiencies

Yahoo! has quickly changed its bug bounty program after being ridiculed for handing just $US12.50 to researchers who found a nasty bug.

The purple palace has now done the decent thing – pop out a blog post offering decent amounts of cash for those who help it not to crash.

The author of the post is one Ramses Martinez, the director of something called “Yahoo Paranoids”, a name we'll assume is an ever-so-ironically-cool Yahoo! way of saying “security department”.

Martinez details his embarrassment at the $12.50 reward and its deliver as branded tat, because Yahoo! “recently decided to improve the process of vulnerability reporting.” Just how recently isn't revealed, but it is implied Yahoo! knew its bug bounty scheme was off the pace before the incident linked to above.

One “inbox … full of angry email from people inside and out of Yahoo” later Martinez says Yahoo! feels ready to share its plans with the world.

The details are listed on the post but amount to a promise to make bug reporting easier, implement a faster assessment and response process, fix things faster and send proper respect to researchers who find bugs.

There's more money to splash, too. Martinez explains just how much as follows:

“Yahoo will now reward individuals and firms that identify what we classify as new, unique and/or high risk issues between $150 - $15,000. The amount will be determined by a clear system based on a set of defined elements that capture the severity of the issue.”

The new policy is promised to be with us by the end of October, but will be backdated to July 1st. Folks who found nasty bugs after the latter date will be paid under the new scheme. ®

Boost IT visibility and business value

More from The Register

next story
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.