Facebook recently launched a "bug bounty" program in which it shells out cash to anyone who brings potential security vulnerabilities to its attention.
Joe Sullivan, Facebook's chief security officer, wrote on the Facebook blog that "there are many talented and well-intentioned security experts around the world who don’t work for Facebook. We established this bug bounty program in an effort to recognize and reward these individuals for their good work and encourage others to join."
Facebook has so far paid out $40,000, writes Tim Bradshaw of the Financial Times.
It's not the only company to implement a system like this -- Google and Mozilla have both offered cash rewards to users pointing out flaws in their systems.
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Source: http://feedproxy.google.com/~r/businessinsider/~3/P6ryvzVqdZg/facebook-bug-bounty-2011-8
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