Meta Platforms Inc.'s (NASDAQ:META) latest virtual reality device, Quest Pro, along with other VR headsets, are now eligible for the Bug Bounty Program.
What Happened: To strengthen the security of its hardware products, Meta announced new payout guidelines for Bug Bounty Program. It also included its latest products — Meta Quest Pro and Meta Quest Touch Pro controllers — in the program.
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The tech giant will pay a hefty sum to security researchers for specific bugs and vulnerabilities uncovered by them on products like Quest Pro, Touch Pro controllers, Quest 2, Quest 1 and some non-VR hardware products as well.
"These new guidelines range as high as $130,000 for ATO reports and $300,000 for mobile RCE bugs, making our Bug Bounty program one of the highest paying in the industry," Meta stated in a blog post.
Why It's Important: Meta started the Bug Bounty program in 2011 and has paid $16 million. Since the beginning, the tech giant has received 170,000 reports, of which more than 8,500 were awarded a bounty.
This year, Meta awarded more than $2 million to researchers from about 45 countries and received approximately 10,000 reports.
India, Nepal and Tunisia are the top three countries based on bounties awarded this year.
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