PayPal is the latest company to join the ranks of software vendors and Web properties that offer bounties to security researchers. The company isn t saying how much it will pay for each bug, just that its security team will determine the severity of each flaw as well as the ultimate payout. Google s bug bounty program may be the most well-known and comprehensive, as it includes bugs not just in its software products such as Chrome, but also its Web properties. PayPal is entering the fray at a time when financial fraud and attacks against high-profile Web sites are at a fever pitch.
Source: https://threatpost.com/paypal-starts-bug-bounty-program-security-research-062112/76724/