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Facebook Paid Out $1.1 Million in Bug Bounties in 2018

Facebook announced on Thursday that it has paid out more than $1.1 million through its bug bounty program in 2018, which brings the total paid by the social media giant since the launch of its program in 2011 to roughly $7.5 million.

The $1.1 million has been awarded to researchers from over 100 countries for more than 700 valid reports – the average reward amount was roughly $1,500. Facebook says it has received approximately 17,800 reports in total.

In comparison, in 2017, the company paid out more than $880,000 for over 400 valid reports out of a total of 12,000 submissions.

India and the United States were again the countries with the highest number of valid submissions.

Facebook also said it paid out its biggest bounty to date, but it has not disclosed the amount. The company said the vulnerability was related to GraphQL and it could have been exploited by an attacker to find out who was liking or commenting on a post that they would normally not be able to view. While...(continued)

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