Google paid $10M in bug bounty rewards last year
bleepingcomputer.com
bleepingcomputer.com
(Though, as developers, we shouldn't forget: not continuously creating vast numbers of defects in the first place would be better for society, and for the professionalism of our field.)
From this perspective one could make a reasonable argument that the bounty should be far higher.
Exploits can also cause damage, and the scale of damage inflicted doesn't have to connect to the market clearing price; that's a valid point to make. But it doesn't necessarily follow from it that researchers should get a bigger cut of the hypothetical damages.
The most essential thing to understand about FAANG/hyperscaler bug bounty programs is: the people running these programs are incentivized to pay out more money. Google (or at least, the people running the bounty programs) would be happier i they were paying $20MM instead of $10MM. But they modulate prices to attract more and better submissions, and they can't raise prices "just because".
The only reason to run a bug bounty program is optics. You run a program paying out paltry amounts so that when your security is routinely completely compromised you can say you were a upstanding company who tried to work with upstanding offensive researchers. It is those evil, dastardly criminals funded by insert government here using "advanced", "unique" techniques and who can stop that? Therefore it is not our fault, now go keep buying our products and stock even though we have made no changes to our incompetent security process. Works every time.
For example, after Musk gave Starlink terminals to Ukraine (and Musk admitted as much in public) why wasn't Starlink's web site constantly being taken offline by Russian cyber-attacks? Ditto the routers that route traffic to and from Starlink's satellites.
Is it your position that Russian spies are constantly breaking into Ukrainian and Western computer systems, but then they are only exfiltrating data because if they take those systems offline then that announces to the enemy the existence of the compromise, which the enemy can then respond effectively to (e.g., by buying new servers)?
Hundreds of billions?! What software vulnerability ever caused financial loss even close to that? Although you are right, that if your products are used on millions of devices you want to earn and keep users' trust. That's what Bill Gates and Microsoft realized 20 years ago[1][2] after lots of Microsoft's users and their devices got wrecked by Windows worms.
[1] https://en.wikipedia.org/wiki/Trustworthy_computing [2] https://www.microsoft.com/en-us/security/blog/2022/01/21/cel...
Does seem high but Cambridge Analytica Facebook scandal comes close if were talking about market cap they (it-least temporarily) lost over 100B [1]
[1] https://www.theguardian.com/technology/2018/jul/26/facebook-...
I remember that after Cambridge Analytica, Google started limiting their API scope as well.
I wouldn't classify Cambridge Analytica scandal as a software vulnerability but as a reckless data usage policy on the Facebook's part.
In addition to the reckless policy (and oversight), I assumed they were also violating the TOS & SLA's etc of the FB api's they used.
That's the recruiter cost for 200 security personnel.
Apple: https://security.apple.com/blog/apple-security-bounty-upgrad... ($20M in 2.5 years)
Microsoft: https://msrc.microsoft.com/blog/2023/08/microsoft-bug-bounty... ($14M in a year)
It is a competition to see who can crack the most eggs. Anybody can do it, but the winner is who is willing to spend the most time doing it.
Google, and any commercial non-hacking organization, just has very little incentive to really waste a lot of money on that task. Where as basically every military and law enforcement arm of the US government has a ton of incentive and boatloads of money to spend cracking eggs. The military arms certainly spend billions a year and it would be quite unexpected if the law enforcement arms are not each, individually, spending hundreds of millions to billions per year.
Is the quality lower? Maybe. But exploit development is so easy that hardly matters. If you want to hack somebody then good enough is enough.
For that matter, who do you think hired various domestic hackers out of jail?
At this point, the advantages of exploit development are so obvious and lopsided that you need evidence that an agency with motive is not engaging in exploit development. Even then, they routinely lean on the other agencies to get access to hacking capabilities that they might not have in-house, so the gap is even smaller if we talk about hacking capabilities.
[1] https://www.justice.gov/opa/pr/us-department-justice-disrupt...