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Facebook Awards Security Researchers $880,000 in 2017 Bug Bounties

Facebook is hardly a small organization, with large teams of engineers and security professionals on staff. Yet even Facebook has found that it can profit from expertise outside of the company, which is why the social networking giant has continued to benefit from its bug bounty program.

In 2017, Facebook paid out $880,000 to security researchers as part of its bug bounty program. The average reward payout in 2017 was $1,900, up from $1,675 in 2016.