Facebook is going to pay hackers to find problems with its website. The company is following Google and Mozilla in launching a Web “Bug Bounty” program. For security related bugs, Facebook will pay a base rate of $500. Google started to pay for browser bugs in early 2010, then expanded the program to cover bugs in its Web properties too. Facebook will launch a new Whitehat hacking portal where researchers can sign up for the program and report bugs. Many hackers go public with the software and website flaws they find to gain prestige.”]
Source: https://www.csoonline.com/article/2129173/facebook-to-pay-hackers-for-bugs.html