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28 December 2012

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How Hackers can Make Money with PayPal Bug Bounty Programs?

Posted by Unknown at 12/28/2012
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PayPal Bug Bounty Program
Making Money in today's world is something not too difficult for a skilled person. Now Hackers and Researchers can make money via various programs online including PayPal Bug Bounty Program. PayPal as you all knows world leading site in sending and receiving money online. In a recent blog by Michael Barrett, Chief Information Security Officer of Paypal, he stated that if you manage to find a security flaw in any of the Paypal sites or products, then you will be rewarded with huge amount of cash. While Barrett till now did not stated how much cash the company will be offering but disclosed some vulnerability categories as stated below.

  • XSS (Cross Site Scripting)
  • CSRF (Cross Site Request Forgery)
  • SQL Injection
  • Authentication Bypass

How it Works?

Once you have founded and submitted the bug/exploit/vulnerability related to any of the above topic, Paypal will then determine the priority of the bug report and their developers will fix the issue as soon as possible. When the bug gets fixed, Paypal will pay the researcher.

To Submit any Bug to PayPal, then please follow this link.

According to me, It's a perfect platform for website penetration testers or pen testers that have a background in testing security of websites. This may also provide as an exercise in training skills in doing web applications pen testing etc.

In the End, I would like to say its a good opportunity for the hackers not for the script kiddies to show his/her talent and make large money in short time. All the Best! Cheers.

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4 comments :

  1. caseyjohnellisDecember 28, 2012 at 6:11 PM

    Cool article - Walkthroughs like this are always handy. I thought I'd mention http://bugcrowd.com here as another way for whitehat hackers to make extra cash - We run managed bug bounties for businesses and we're ramping up pretty quickly at the moment.

    ReplyDelete
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