The Rise of White Hat Hackers and the Bug Bounty Ecosystem

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Image Source: Article

When Jack Whitton hacked Facebook in 2013, the company thanked him and sent him a check for $20,000.

At the time, it was the largest single “bug bounty” payout ever. Facebook had invited the public to break into its website and seek out vulnerabilities that malicious hackers could exploit to attack the company or its users. Whitton got paid for finding a bug that would have let any talented hacker with a phone take over your Facebook account.

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