facebook bug bounty program offers $500 for bug reporting

Facebook has taken a step to find bugs in its social networking website. It has announced a bug bounty program rewarding $500 for finding bugs in the facebook. facebook announced this by its page.  facebook wrote, "To show our appreciation for our security researchers, we offer a monetary bounty for certain qualifying security bugs."
To qualify for a bounty, you must:

• Adhere to our Responsible Disclosure Policy (... give us a reasonable time to respond to your report before making any information public and make a good faith effort to avoid privacy violations, destruction of data and interruption or degradation of our service during your research ...)
• Be the first person to responsibly disclose the bug
• Report a bug that could compromise the integrity or privacy of Facebook user data, such as:

1. Cross-Site Scripting (XSS)
2. Cross-Site Request Forgery (CSRF/XSRF)
3. Remote Code Injection

• Reside in a country not under any current U.S. Sanctions (e.g., North Korea, Libya, Cuba, etc.)

Read More

https://www.facebook.com/whitehat/bounty/

Posted in: FACEBOOK HACKING