Soon, Apple will be launching a long-awaited bug bounty program. By taking this step, the tech giant joins a growing list of tech companies such as Facebook, Google and Microsoft that pay money for valuable security information.
The company announced Thursday that it will hand out thousand of dollars to researchers able to discover and report critical bugs in their software.
“It’s getting increasingly difficult to find some of those most critical types of security vulnerabilities,” said Ivan Krstic, Apple’s head of security engineering and architecture. “The Apple security-bounty program is going to reward researchers who actually share critical vulnerabilities with Apple.”
The bug bounty program which, according to Time, launches in September will offer up to $200,000 to hackers, depending on the type of vulnerability they find. However, the program is invite-only, meaning that coders who want to be part of it will have to receive an invitation from Apple.