Sony has announced it will pay significant bug bounties for PlayStation 4 bugs.
Bug bounties are an important part of the cybersecurity and software development scene. Companies pay hackers and researchers bounties to encourage them to find and report bugs and security vulnerabilities. Bounties are often high enough to provide full-time income for dedicated security researchers and hackers.
In a blog post Sony announced they are taking their program public.
To date, we have been running our bug bounty program privately with some researchers. We recognize the valuable role that the research community plays in enhancing security, so we’re excited to announce our program for the broader community.
According to the payout breakdown, PlayStation 4 bugs can pay as much as $50,000. With that kind of money on the line, it’s a safe bet Sony will have no trouble attracting help.