Business & Finance
06:05 PM
Connect Directly

iDefense Doubles Bug Bounties

You can get up to $5,000 for reporting a bug to iDefense.

A day after rival 3Com's TippingPoint subsidiary announced a scheme to pay researchers for digging up vulnerabilities, iDefense on Wednesday upped the ante by doubling its bug bounties.

The Reston, Va.-based iDefense, which was recently purchased by security giant VeriSign for $40 million in cash, revealed a new payment schedule for its Vulnerability Contributor Program (VCP) on the Full Disclosure security mailing list.

"Effective immediately, we will be doubling our standard pricing structure for vulnerability submissions," wrote Michael Sutton, the director of iDefense Labs in an e-mail to the list.

Like TippingPoint, iDefense doesn't publish a reward rate structure, but instead requires researchers to submit a vulnerability before quoting a bounty.

The company also upped the amounts in its two existing high-profile programs, and opened a new plan geared toward giving bigger rewards to researchers who boost the number of their submissions.

Rewards issued each quarter to the top three vulnerability contributors, for instance, climbed from between $1,000 and $3,000 to between $1,000 and $5,000, while end-of-the-year payouts to the top five doubled. The top contributor to iDefense's VCP will now receive $10,000, for example, while the second-place researcher will get $8,000.

The new Growth program, said Sutton, is designed to reward contributors who stick with iDefense's VCP. Those who double the number of submissions over a previous year, for example, will get a bonus equal to 100 percent of the rewards paid out that year.

Paying for vulnerabilities is a way for research firms to get a competitive edge on rivals, and is increasingly popular among application developers and security vendors. Mozilla Foundation, for instance, pays researchers $500 for each critical flaw found.

Comment  | 
Print  | 
More Insights
IT's Reputation: What the Data Says
IT's Reputation: What the Data Says
InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Must Reads Oct. 21, 2014
InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A roundup of the top stories and trends on
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.