Samsung rewards hackers with $1m bug bounty as it tries to bolster security

Tech giant significantly increases vulnerability programme payouts as part of efforts to enhance mobile security

Samsung has significantly increased its bug bounty program as part of its ongoing efforts to enhance mobile security.

The tech giant is now offering a top reward of $1 million for anyone who successfully compromises Knox Vault, the company's secure enclave that stores sensitive user data.

Samsung has also increased the rewards for other types of vulnerabilities, with the minimum payout now set at $500.

The move comes as Samsung looks to bolster the security of its devices in the wake of a number of high-profile data breaches.

In 2021, the company was hacked by the Lapsus$ group, which stole source code and other sensitive data.

Samsung has since taken a number of steps to improve its security, including hiring more security staff and investing in new technologies.

The increased bug bounty program is the latest in a series of measures designed to make Samsung devices more secure.

Samsung has paid out close to $5 million since 2017 as part of the bugs bounty program.

Samsung has released its first annual report of the bugs bounty program, which provides an overview of the program's activity over the past year.

The report shows that Samsung received over 10,000 vulnerability reports in 2021, with over $1 million paid out to researchers.

The top reward paid out in 2021 was $250,000 for a vulnerability that could have allowed attackers to execute arbitrary code on Samsung devices.

Samsung's bug bounty program is part of the company's broader commitment to security.

The company has also launched a number of other initiatives to improve the security of its devices, including the Samsung Knox security platform and the Samsung Security Research Center.