Facebook Debuts 'Data Abuse Bounty' Offering Rewards From $500 to $40,000 for Discovering Data Breaches

Facebook today announced the launch of a new data abuse bounty program that will see it rewarding Facebook users who discover instances of companies using unauthorized data. Facebook users who report companies for misusing data can receive rewards that range from $500 to $40,000 for major discoveries impacting at least 10,000 people. Companies who are discovered misusing data will have their app removed from the Facebook platform, will face a forensic audit of related systems, and could face...

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