Apple has said it will pay a $1 million reward for a iPhone specific hack as part of its expanded bug bounty program.
That's a substantial difference from the $200,000 maximum it paid out to researchers when the program launched. It's also the biggest bug-bounty reward offered by any major technology company, according to Forbes. Those who spot a vulnerability in a beta version of Apple's software before it launches can also receive a 50% bonus.
Apple announced the changes to its bug bounty program during the Black Hat cybersecurity conference in Las Vegas alongside other critical updates. In addition to the new $1 million reward, Apple also revealed that it's expanding the program to its other platforms such as macOS, tvOS, and watchOS, the software that powers its Mac, Apple TV, and Apple Watch products.
The expansion of Apple's bug-bounty programs comes as data breaches are becoming increasingly common throughout the tech and financial industries. Among the latest large firms to be the victim of a data breach was. The incident put the personal data of 100 million customers in the United States and six million in Canada at risk.
Security experts have also noticed vulnerabilities in Apple's products in recent years. In June, researcher Patrick Wardle spotted a flaw that would make it possible for intruders to bypass security prompts in the company's macOS software, as
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