Is Apple’s reluctance to implement a bug bounty program a security risk?

[Guest Yoni Heisler]

http://androidforum.us/data/MetaMirrorCache/bad37fac82cfd56cf6a3f4b36105d97e.jpgWhile many Silicon Valley tech companies famously employ 'bug bounty' programs whereby individuals or third-party groups can receive substantial monetary rewards for finding critical software bugs, Apple is curiously the odd man out. Whether it's Google handing out $12,000 to a former employee who managed to purchase the Google.com domain name or Facebook paying $15,000 to a security researcher who happened upon a way to unlock any user's account, paying cold hard cash to learn about previously undetected security vulnerabilities is not only commonplace, but also makes a lot of sense.

 

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Via BRG - Boy Genius Report