What are Bug Bounties?

Recently Google has upped their bounties in their YouTube, Blogger, and Google domains from $20,000 to $30,000 for identifying and remedying bugs in their code. This is a 50% increase, which is massive. There is also an added bonus of $1,337, which appears to only serve as homage to early hacker and “leet” culture online. The reason for the raise, Google says, is that high level security risks have become …
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