Alex Rice spent five-and-half years working as head of product security at Facebook before he helped found HackerOne, provider of a platform that enables organizations to run bug bounty programs. At HackerOne, Rice has teamed with his former employer as well as Microsoft to help sponsor and operate the Internet Bug Bounty.
Rice explained that the Internet Bug Bounty covers approximately a dozen open source projects that are critical to the functioning of the Internet, including PHP, perl, Python, Ruby, OpenSSH and others. Such projects typically don’t have the resources to run their own bug bounty programs, Rice said.