Internet Bug Bounty Project Receives $300,000 In Donation

A project whose objective is to make the internet safe for the good all by rewarding white hackers who find vulnerabilities in core internet infrastructure called Internet Bug Butty Project ( IBB) has received $300,000 donations.

Facebook, GitHub and the Ford Foundation, one of the world’s largest charitable organizations, have each donated $100,000 to the IBB. With their donation, GitHub and the Ford Foundation have joined existing sponsors, Facebook, Microsoft and HackerOne.

The IBB rewards researchers who find vulnerabilities in OpenSSL, Nginx, Apache httpd, Perl, PHP, Python, Ruby, Flash, Ruby on Rails, Phabricator, Django, RubyGems and other widely used Internet technologies.

Since its launch in November 2013, the IBB has awarded more than $600,000 for over 600 vulnerabilities found by bounty hunters. This includes over $150,000 awarded last year and $45,000 that hackers decided to donate to charities and nonprofit organizations, such as the Electronic Frontier Foundation (EFF), Hackers for Charity, and the Freedom of the Press Foundation.

With the newly raised funds, the IBB plans on expanding the scope of the bug bounty program by adding a new category for flaws in popular data parsing libraries, which are considered increasingly risky. The expansion will also cover technologies that “serve as the technical foundation of a free and open Internet, such as OpenSSL.”

 

Post Author: Churchill Aribodor

Churchill Aribodor is a cyberseurity and management systems expert. He is passionate about cybersecurity and devotes a lot of time raising awareness on secure cyberspace for the good of all. He has consulted, audited and trained professionals in this area. He is a rounded ICT thought leader covering people, process and technology. He can be reached through arihills@hotmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *