Apple Announces $2 Million Bug Bounty Reward for the Most Dangerous Exploits

Apple has announced a significant expansion of its bug bounty program, offering rewards of up to $2 million for the discovery of the most severe security vulnerabilities in its products. This move comes as the mercenary spyware industry continues to grow, with companies offering substantial sums to researchers and hackers who can find and exploit vulnerabilities in popular devices. According to Ivan Krstić, Apple's head of security engineering and architecture, the company is now willing to pay bonuses that could potentially increase the maximum total reward for iPhone exploits to $5 million. This is a clear effort by Apple to incentivize researchers to identify and report critical flaws in its ecosystem, helping to enhance the security of its devices and protect its users from the growing threat of advanced targeted attacks. The announcement highlights Apple's commitment to proactive security measures and its recognition of the important role that the security research community plays in the ongoing battle against cyber threats.