Facebook will pay upward of $40,000 to people who catch large data leaks.The company announced a bounty program on Tuesday which would reward people who find cases of data abuse on its platforms. Payouts start at $500, and people can receive more than $40,000 for big discoveries.

The data abuse program is the first of its kind in the industry. “It will help us find the cases of data abuse not tied to security vulnerability. … This will cover both hemispheres, and help surface more cases like Cambridge Analytica so we can know about it first and take action,” Facebook’s chief security officer, Alex Stamos, told CNBC.

Source: cnbc.com
Author: Michelle Castillo