Samsung Electronics is giving its newly minted two-month-old bug bounty program a boost by bringing in Bugcrowd to handle the payment processing, the companies announced Wednesday.
"Bugcrowd helps fortify partnership with the security research community by ensuring the community receives payouts in a timely manner," Henry Lee, senior vice president of Samsung's mobile security technologies group, mobile communications business, said in a statement.
Under the Samsung Electronics' Mobile Security Rewards Program, security researchers can collect up to $200,000 per vulnerability, depending on severity, for any of the company's mobile devices that currently receive either monthly or quarterly security updates.
Samsung has four categories for the vulnerabilities: low, moderate, high, and critical. The device maker stresses that all vulnerabilities submitted must have a security impact.
Read more about Samsung's bug bounty program here.
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