Microsoft awarded over $370,000 in bounties to security researchers for 16 bounty eligible reports of vulnerabilities submitted through the Azure Sphere Security Research Challenge (ASSRC) The challenge is a 3-month expansion to the Azure Security Lab bounty program Microsoft announced last year at Black Hat 2019. The ASSRC expansion added to the already existent incentives, coordination framework, and support resources to make Coordinated Vulnerability Disclosure (CVD) easier for researchers and to stimulate further Azure Sphere research. Researchers from more than 20 countries submitted 40 vulnerability reports during the challenge that took place from June 1, 2020, through August 31, 2020.
Source: https://www.bleepingcomputer.com/news/security/microsoft-pays-over-370-000-for-azure-sphere-bug-reports/