Cover image via SAYS
Tech giant Apple is launching a new bug bounty program that'll offer some serious moolah to hackers and researchers who can find faults in iOS and iCloud
The given bounty will depend on the type of exploits or bugs found, with the highest payout for vulnerabilities in iOS devices
Image via Yahoo
The categories and types of bounties are as follows:
– Secure boot firmware components – up to **USD200,000 (RM806,000)**
– Extraction of confidential material protected by the Secure Enclave Processor – up to **USD100,000 (RM403,000**)
– Execution of arbitrary code with kernel privileges – up to **USD50,000 (RM201,000)**
– Unauthorized access to iCloud account data on Apple servers – up to **USD50,000 (RM201,000)**
The program is currently on an invite-only basis, but the company is hoping to open it up to the public soon. As for the cash offer, winners can choose to accept it or donate it to charity.
Image via Wired
Speaking to [Mashable](http://mashable.com/2016/08/04/apple-security-bounty/#NX6sP9lRPaq8), Apple may reward researchers or hackers who can outline faults not stated in the outline. The tech giant also said it has no plans to make the initiative exclusive, saying that it will be open to public eventually.
**However, those are who are not invited are still welcome to disclose any vulnerability to the company.**
The long-awaited move comes as other major companies have embraced bug bounties by paying out to those who find loopholes in their products and services
Image via Telegraph
**Amazon** and **Microsoft** have programs that financially reward hackers for privately reporting serious flaws. **Google**, famed for its bounty programs, have paid out more than USD550,000 in bounties last year.
