Microsoft has paid out $28k in rewards to Security Researchers for its first Bug Bounty program. The program was designed to run during Internet Explorer 11’s beta test on June 26 and went on till July 26. The company said it would pay researchers up to $11,000 for each vulnerability they found. Microsoft is set to release the final version of IE 11 for Windows 8 and RT on October 17 alongside Windows 8.1 and 8.2. The money was donated to the Save The Children Fund and other charities.
Source: https://thehackernews.com/2013/10/microsoft-paid-28000-rewards-to-six_7.html