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iDefense ups the bidding for bugs Print E-mail
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Source: CNET News - Posted by Pax Dickinson   
Security Security intelligence company iDefense has sweetened its offer to hackers who sell it details on new software vulnerabilities. The change comes one day after rival TippingPoint started to offer rewards for pinpointing bugs.

Both companies are vying to be the first to know about security vulnerabilities in other companies' products. The payouts are used to gain a competitive edge over rivals by having their products recognize more vulnerabilities that may be exploited in attacks by cybercriminals. IDefense was acquired by VeriSign two weeks ago.

In an e-mail Tuesday to the popular Full Disclosure security mailing list, iDefense announced that it is doubling its payments for vulnerability submissions. Additionally, the company is increasing rewards to researchers who contribute regularly and now offers extra payouts to those who increase their submissions year-on-year, the e-mail said.

Money has increasingly become an incentive for hackers. Programs such those from TippingPoint and iDefense offer a legitimate way for them to get paid for their bug hunting. There is also an underground market for information on vulnerabilities. Cybercriminals pay top dollar for previously undisclosed flaws that they can then exploit to break into computer systems, experts have said.

Read this full article at CNET News

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