More small businesses than ever are facing the threat of losing confidential information through cyber attacks, according to research published by the UK Department for Business, Innovation and Skills.
Since a vulnerability rewards program for open source web browser project Chromium was instituted in early 2010, many vulnerabilities have been found and dealt with, and researchers have been rewarded by Google with amounts that ranged from $500 to $1337 - depending on the severity of the bug - or even $10,000 for multiple bugs and impressive reports.
The privacy settlement that the US Federal Trade Commission and Facebook agreed on last November has been finalized on Friday and, unlike Google earlier that week, Facebook managed to avoid paying any fines.
Joining the likes of Google, Facebook, Mozilla and others, PayPal has announced that it will be offering money for information about security bugs that affect their site (www.paypal.com).
The number of large organizations being hacked into is at a record high; the overall cost of security breaches to UK plcs is now billions of pounds a year, a new survey of 447 UK businesses shows.